The results of some practical measurements on the effects of interchannel intensity and time differences in two channel (stereophonic) sound systems are presented. The effects of alterations in the listener position are also covered. The test signals used ranged from single component tones to wide and narrow band noise and included running speech. A theory based on the assumption that the brain is sensitive to interaural time difference and its variation with head movement is developed and is shown to be in reasonable agreement with the practical findings.