QUOTE(j7n @ May 31 2007, 02:33)

This is the signal level that comes out from PP400, it cannot be adjusted (except digital multiplication). I could live with this SNR if there weren't the abovementioned distortions.
The peak level is about -14dB. If you're using a decent soundcard with a noise floor below about -80dB, you can get away with this recording level and normalise later.
QUOTE(j7n @ May 31 2007, 02:33)

Playing with the downforce didn't seem to have an effect. What I noticed is that the quality gets worse nearing the center of disc. Could the changing orientation of the stylus be the cause or its the fault of the records (my memory doesn't serve well about how they sounded ten or more years ago).
The distortion sounds like mistracking to me. This could be that your turntable is badly set up. Since you've already established that downforce doesn't seem to have much effect, the most likely problem is simple cartridge misalignment. Check it with a protractor, such as this one:
Click to view attachment Also check the condition of the stylus, as Pio2001 suggests.
Alternatively, the distortion might be due to the LP having been played on a badly set up turntable in the past, which has caused permanent damage. In that case there's nothing you can do.
LP distortion does get worse as you move towards the centre of the record; this is in the nature of the medium. But it should never be as bad as in your example.