After removing the original factory clear coat, the hub was very clean and looked good...no more polishing was necessary.
I reassembled the brake components after polishing the brake control linkage on the wire wheel.
Here is the finished assembly ready to be installed.
The tires are the original tires from 1968. They are Bridgestone "Safety 10" which I've never heard of before. The tires on my dads bike had been replaced with Universal Trials tires. These current tires are very hard with lots of cracking on the side walls. I will be replacing them as soon as the new chain arrives.