October, 1967 at De Lane Lea Studios, London, England
Syd Barrett - lead vocal, acoustic guitar, electric guitar
Roger Waters - upright bass, background vocals
Richard Wright - Hammond organ, penny whistle
Nick Mason - drums, kazoo
Salvation Army Band of North London - brass section

"Jugband Blues" was recorded at the time of "Apples and Oranges." So disappointing was the reaction to "Apples and Oranges" that their manager, Pete Jenner, proposed releasing "Jugband Blues" in its place. "Jugband Blues" was used by the Central Office of Information for a promotional film about Britian that was distributed in the US and Canada. For the track Syd Barrett brought a Salvation Army band into the studio, instructing them to "play what you want to."

It's awfully considerate of you to think of me here
And I'm most obliged to you for making it clear
That I'm not here.
And I never knew the moon could be so big
And I never knew the moon could be so blue
And I'm grateful that you threw away my old shoes
And brought me here instead dressed in red
And I'm wondering who could be writing this song.

I don't care if the sun don't shine
And I don't care if nothing is mine
And I don't care if I'm nervous with you
I'll do my loving in the winter.

And the sea isn't green
And I love the queen
Then what exactly is a dream
And what exactly is a joke.