Bad wiring, that's for sure.
As mentioned all the solder joints need "repair", also the twisted wires need soldering, especially the connections of the rectifiers.
By the way, are the mains' connections well made and safe? It looks like there are bare feet there!
Some more notes:
- if the rectifiers are all the same, they are 35A/1000V, that is good enough. But this seems that is the only one good thing here!
- if the capacitors are all the same, some of them are abused! On one of them it is written 50V![Edit: it seems that I have confused the numbers! These capacitors have enough voltage margin.]
- the transformers have all the same dimensions, but two of them are 60VA and the others are 120VA, this is not possible!
The refereed AC values are not related with something else, at least they don't seem as ripple voltages. Where are they measured? Maybe the instrument has a strange behavior when it has AC over DC at its input(?).