I'm not convinced that the wire shown is actually aluminum - it may or may not be. Based on the apparent age of the cable, it's very possible that the conductors are tinned copper. This was common in the 1950s and earlier when rubber was used as wire insulation (to prevent corrosion). The individual rubber insulated conductors are covered with cloth, then assembled into a cable, which is braided cloth with a coating applied. The piece of cable shown appears to be type SE, which was commonly used for the incoming service entrance and higher amperage circuits. My house was built in 1952, and the range circuit had that type of cable. When I removed it, I would have thought it might be aluminum, if I was not already familiar with such cable, but knew it was tinned copper I was seeing. The cloth and rubber insulation was in poor condition, and had actually come off, exposing bare wire where it was bent to connect to the circuit breaker. I'm glad to hear that the person posting the picture got it replaced.