The LED drops about 1.55v each, and the smaller transistor shows about 0.7v base to emitter, leaving 0.855v for the current-set resistor R1.
On the schemo, you have reversed the transistor orientation but have not reversed the rest of the circuit. The base of the 2N2222 goes to the junction of the two LEDs, and the MJE340 base goes to the junction of R2 and the top LED.
There should be no cap across the C4S (from ground to cathodes), and as PB said, R2 should go to the high voltage (I get 70K ohms). Both of these changes are to maintain a high AC impedance at audio frequencies, which is the reason for using a C4S in the first place.
In class A, where both triodes are conducting all the time, the most meaningful inductance at signal frequencies is that of the whole winding as driven by the two triodes in series. The two halves of the primary winding are very tightly coupled and the diff-amp cannot be analyzed as two independent halves.