Wow that's from way back, seems they are using "mmF" or micro-micro-farad for pF
Looks to be Bakelite encased, likely with Silver Mica capacitors?
Best,
Actually, Arco quoted small values in mfd, e.g. 0.0001 mfd, in their description on that advertisement.
Back then, we called mmf "mickey-mikes".
I believe Arco specialized in silver mica capacitors.