Hi Guido
That Elk brings back memories. I have destroyed/rebuilt a few of those. There is at least two amps I built om Elk chassis running around SA :yup:
The good sound comes from the oil caps (that might be failing ☹ ) and the Alnico speakers. The filter caps are probably also near the end of their days. All this gives you a nice overdrive sound from your pedal 8)
Check that the large tubes plates do not glow red (like a toaster element). The amp's bias is fixed, so you cannot change it. The original Matsushita tubes are very valuable. Do not let them go, if you can help it.
There is very little info about Elks on the net. This schematic should be quite close to what you have
http://www.drtube.com/schematics/elk/twinamp50.gif
Enjoy the amp!