I've got one just like this (but in perfect nick)! I'll make sure it never meets the same fate as the one in the photo.

It's an oscilloscope.

This thing is in such good condition it's weird. I'm sort of expecting to see a cassette deck on it somewhere.

I bet it would still work. They really made things back then. Stick the Batman logo onto the lens and have some fun!

Kurt: yep, it's a radio. Usually ones this big had record players built in, too.