Oh, gotcha. But it does have a separate ground conductor, probably 16AWG? I'd use it. If it were readily accessable beginning to end I might replac e it but otherwise it's fine. Be aware however that it probably doesn't ha ve the same temperature rating as modern NM-B cable so if feeding e.g. a li ght fixture tight to the ceiling with an enclosed incandescent that will ma ke the insulation very brittle... when working in those boxes be prepared with black and white electrical tape or heat shrink to patch it up.
nate