[Otter74]

Wheels are probably pretty good, bars are nice if you like that shape (I hate it.) Hard to tell frame material from photo, but it looks like O/S tubing, which, given the era, makes aluminum possible, though the rear triangle looks like steel. If it's steel, it's welded or maybe fillet-brazed. The last isn't likely, though. Nickshu correct about tubing - if it isn't Reynolds or Columbus, it's probably nothing special. Nicer frames would have had forks with a sloping crown rather than a unicrown fork.