The inexpensive transistor analyzers most people (hobbyists) have does not put out enough output voltage or current, nor do most DMMs. If you have a higher end analyzer that allows you to pick higher voltage or current use it.
Here is a schematic of the test circuit, you can use one or two nine volt batteries, and chose R1 as a 1k to 10k resistor to get approximately the current from the unit. One battery and a 1k resistor will yield about 6.5 mA and your meter will read about 2.4 vdc across the STV-4. The most likely failures are shorted (0 vdc) or open (full battery voltage). If it reads between 2 and 3 vdc it is probably ok. Lift one end to eliminate interference from other components in the circuit. Meter should be on a dc voltage range that is a maximum of 20vdc, or autorange.
View attachment 1576011
The other thing that can be done is to measure the voltage across the STV in the good channel and compare it to the bad channel STV. Then you just test with the power on, not using the test jig.
Verify power supplies: pin 24 has about -44 vdc, and pin 25 has about +44vdc, these may be 10-15% lower on DBT. If pin 20 is -18vdc (and the output transistors are disconnected) I would test (power off) Q8 and Q10, one may be shorted or open. Also measure R32 and R34, 150Ω.

Be careful, the leads break off the STVs real easy, right next to the body.
EDIT: after review of previous posts: The adjustment will never correct for that much offset, the protection circuit is working by not allowing the relay to pull in with that much dc at the power amp stage output (pin 20). Looks like there is still a failure in the power amp stage.