Pre-groove inter-modulation.
Yes that can be easily a case if a heavily modulated track is present perpendicular to where the stylus is tracking. There is some heat generated by the cutting stylus which can meld into the adjacent track….the echo effect you rightly mentioned.
l am not talking about this but about a sound (nothing to do with any iner-modulation) that is totally alien to anything recorded intentionally. I am just listening funnily enough and l am hearing this ‘nub’ between every track of Quincy Jones’s soundtrack of ‘In Cold Blood’ RCA RD-7931 (1967)
Another example from memory is Manfred Mann’s original soundtrack to ‘Up the Junction’ again from the 60s on Fontana label which was where l first noticed this.
Strange but true…..
One other thought to share….
l always tell friends to use Dire Straits ‘Love Over Gold’ album as a test record for a whole Hi-Fi system. If You can’t hear the breaking milk bottle in the ‘Private Investigations’ track, your Hi-Fi is not as ‘Hi’ as you think. If that breaking milk bottle is not there, then it is most likely the front end is just not retrieving it.