Shoddy Recording - Three Dog Night - Shambala - 1973

I came across this song on a Madacy Entertainment, various artists, CD, 
previously published by Universal Music (AKA MCA Records). I was 
surprised it was monophonic. I quickly dug through what I thought was a 
stereo version, but it's no better than the monophonic version, even 
when I try to balance/enhance the recording. Just a amateur recording 
engineer at Dunhill Records? Bad Producer? Three Dog Night didn't care 
what their recordings sounded like? Has this song been remastered to 
more impressive stereo?....

http://www.angelfire.com/empire/abpsp/images/shambala.mp3

Thanks!!

Uni