Oh, OK, this is a valuable response. I'm getting distortion on both sides from all sources. The longer I listen to it, the worse it gets, finally trying to drop out the way a weak FM station will fade in and out. To your comment, I bought this thing new about 35 years ago. It has been dead reliable, so I guess I've been lucky. For what it's worth, I don't know what an IC is - I have no background in electronics. I'd be grateful for any further input you would care to offer. Thanks.
An integrated circuit, often called a 'chip' is a single micro component that contains complete circuits like operational amplifiers for instance, and many other diverse circuits. The problem is they are hard to manufacture and you have a major set up for each device. Set up costs just to manufacture one device runs into the millions of dollars. Because of this only one run is generally done, and only occasionally more. So when the supply is gone it is usually gone for good. So if an older unit has a failure of a chip no longer available it is done.
From the description of your fault my best guess is that the problem is likely in the power supply. So I suspect a reduced voltage, and decreasing voltage as heating occurs. So whether your unit is fixable is going to depend on whether the failed component is available. I have looked at the circuit and there are lots of ICs including in the power supply. My best guess is that a voltage regulator IC has failed, or may be a rectifier diode.
If an IC has failed then that is probably the end of the road. If it is a diode there is probably hope.
So, I guess if this guy is prepared to look at the unit for reasonable cost, the it should not take long to check voltages. If the cause is remedial, then you will luck out. If not the you have lost ground financially.
This really is an older design, and after looking at the circuits, I have to say it is packed with gratuitous complexity, which was a hallmark of that stable from my experience.
That is why I like Quad for older gear, and have lots of it. The circuits are so economical and elegant, as well as being well laid out, neat tidy. That was Peter Walker's hallmark.