I don't know if anyone noticed, but this frame has been ridden so much that the paint wore through on the top tube due to the rider's knees. I think it needed a paint job either way.

I also suspect that the cable guides were brazed on at the same time that the seat cluster was repaired. The top tube was brazed, not welded, the person who did it seems to have known what they were doing. In fact, it looks like one of my repairs. Brazing looks nasty before it is cleaned up, particularly if there is paint involved. If the owner had gotten it painted, it would look like new.

You guys would probably be mad with some of the repairs I did back in the '70s if you saw them now. People would bring me bikes that were broken and needed to be brazed, and I would fix them for $5. That did not include a vintage restoration, filing, or paint. Lots of bikes lose their rear brake bridge for some reason, probably because the French stop working at noon on Fridays or something. Not sure what I would have charged for cable stops, not what I would charge nowadays, that's for sure.
That being said, I am not advocating anyone cutting the hangar off of one of these.