You knew the volume pot worked because you could hear it change things throughout its range.
Determine whether your hum is 60Hz or 120Hz. Or if not in USA, then 50Hz and 100Hz.
Turn it all the way down and solve that hum first. I suspect you have two hums going on. You have some sort of hum coming in from the early stages, and it is out of phase with whatever hum is after the volume control. SO at some middle setting of that control the two cancel. That explains your 2 o'clock thing.
A schematic would be nice.
Determine whether your hum is 60Hz or 120Hz. Or if not in USA, then 50Hz and 100Hz.
Turn it all the way down and solve that hum first. I suspect you have two hums going on. You have some sort of hum coming in from the early stages, and it is out of phase with whatever hum is after the volume control. SO at some middle setting of that control the two cancel. That explains your 2 o'clock thing.
A schematic would be nice.