VAGRANTS - A Sunny Summer Rain / Beside The Sea (Atco 6513) USA 1967 45
vinyl: VG+ (read below - does not effect play)

Hot and Cold Pressings give rise to records which lack definition, especially in the second case, when the die is not hot enough to flux the material sufficiently, so that the record is not properly formed. In this case actual distortion sometimes occurs in the reproduction. On the other hand, if the die is too hot, the record emerges with a sort of wavy sheen on the surface. If the stock when transferred from the hot plate to the die is too cold, the record appears with irregular brownish stains on the surface. The temperature of ejection is also important. If the record is cooled too much under pressure, it is apt to crack, due to internal stresses on ejection (cf. No. 20). These faults, though not uncommon in a factory where the presses are not automatically controlled, are so easily detected by the eye that it is rare for records bearing these types of defect to reach the consumer. -- This item has this wavy Sheen (I've seen it with 'reprise' items too (like the Electric Prunes)) - It does not effect play much. There is a little crackling between the tracks and in the silent parts. -- I would consider the item to be Mint- (except for the sheen).

Here is another internet quote:
"Some brand new records I have purchased appear this way. Seems like we had another thread that mentioned this. Happens when they are pressed. The vinl hasnt cooled properly before they go into the slips. The increase in production of lps may rush the process and be contributing to this. Chemical reaction between the packaging and the * warm* record is what I seem to recall being the reason. Have no idea what the degradation of the vinyl over time might be. Hopefull none. I have several with this on in." 

"As for “fogging”, where the LP’s surface is milky, I have encountered this only with soft polythene sleeves, particularly on blue Liberty labels, red Polydor and red and plum Atlantics. It appears something went wrong at the outset as they are normally perfect. This “fog” does cause surface noise and the records look horrible. There is no known cure."