My friend sent me a photograph of this transformer, which is installed above the main breaker panel, with leads running from the panel into the transformer. The stamped labels read
PRI. Volts: 110
SEC. Volts: 24
However, the leads out from the transformer disappear into the ceiling (so either to some unknown device or terminated somewhere). The house was built in the 1960's and we believe the device to be from time of construction.
This is most certainly a Doorbell/Intercom transformer from the company Edwards Signaling. I work in the Intercom industry and the name is pretty well known, although this particular model is before my time - so I cant be sure exactly what its for. If you can find a model # I can do a bit of research for you.
No doubt it's a doorbell transformer. The primary is fed from the breaker box 120VAC into it and the secondary is 24VAC which is perfect for a doorbell. Cycles is 60 meaning 60Hz. I would take a voltmeter set to AC and check to see if you actually get 24VAC out of it. The white wire should be considered the neutral and black the 24VAC hot lead. This transformer or one that behaves just like it can still be purchased at Home Depot, or HVAC supply house. I can't read the VA Volt-Amps but to find the amps take the VA number and divide it by 24 and you can find the amp rating of the transformer. This same voltage is found in today's central AC systems but I doubt that was available for a house this age. I would make sure you have a fuse on the black primary wire leading into the transformer if you decide to keep this setup. A simple inline 3A fuse rated at 250VAC would be fine; if you plan on keeping this installed, better to make it safe.