Never seen it before, but I'll chime in on the side of them being connectors. Note the o is always on the side toward ground, and the X on the side toward the hot of the battery. Connectors are also suggested by the color of the wire changing on either side of them in several (but not all )cases. No other purpose for them.
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Today's Featured Article - The Cletrac General GG and the BF Avery A - A Bit of History - by Mike Ballash. This article is a summary of what I have gathered up from various sources on the Gletrac General GG and the B. F. Avery model A tractors. I am quite sure that most of it is accurate. The General GG was made by the Cleveland Tractor Company (Cletrac) of Cleveland, Ohio. Originally the company was called the Cleveland Motor Plow Company which began in 1912, then the Cleveland Tractor Company (1917) and finally Cletrac.
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