Without getting a test done on the steel, it is a guessing game at best. Some of the steels that I have seen used for saw blades includes L6, L7, L3, 8670M, 15n20, and several brand name steels that may or may not be one of the above (Sandvik, Uddeholm, Krupp) Add to that list some steels that are softer, and less expensive used for saw blades with tungsten carbide teeth. Being over 50 yrs old you probably have a good blade that is hardenable. Chances are that the steel should have .7-.9% carbon, and about 1-2% nickel. Unfortunately there are quite a few other alloying elements that can change how it hardens, and anneals.
Now, I don't want to discourage you from trying, I have a pile of sawblades myself that make excellent knife blades, but it took a while to develop a way to forge and heat treat them(and I did break down and got the steel analyzed, but that's just me).
If you want to jump right in, I would suggest profiling a blade with a torch, and then grinding the blade the rest of the way. if you take care not to overheat the steel you will keep the temper that the blade had. The holes for pins may be difficult to drill, but it will give you a good serviceable blade.
Good luck
Ken Nelson