This is what's known as "Black Wire
Syndrome".. you may encounter it in a
variety of devices, but in my experience it's most commonly associated with
leaking Ni-Cad batteries.
It's quite common in older cameras using mercury cells for the exposure
meter too. And a right pain it is... You often have to stirp half the
cmaera down to replace the wire.
The battery wiring looks OK from the outside, but the black wire is
completely corroded out inside the insulation jacket. There may still be
some electrical conductivity, but you'll never be able to reliably solder
or crimp onto the wire again.
I nearly always replce all wires associated with leaky battery packs for
this reason. Even if they look OK and test OK...
Comes up when you're replacing internal rechargeable batteries in various
old gear. Had a case of it here, a couple months ago - in this instance, it
was the battery pack in an Epson PX-8 CP/M portable machine.
When I did my PX8 a few eyars ago I found the connectors used to connect
the battery to the main PCB were stilleasily available. So I replaed the
lot. I also made u pa cable to link the PCB to my bench supply (in place
of the battery) so I could run the machien 'for ever' without having to
worry about havign a flat battery pack.
-tony