The old record could make one cry (4)
I believe the answer is:
Here is my best explanation:
'cry' is the definition.
(yelp is a kind of cry)
'the old record' is the subsidiary indication.
'the old' becomes 'ye'.
'record' becomes 'lp' (LP is an example).
'could make one' is the link.
(Other definitions for yelp that I've seen before include "Barking", "Bark like a puppy", "Express discomfort", "Little dog's bark", "Painful sound", "(Eg, dog's) short cry of alarm", "Squeal", "Short sharp cry (of such as a dog)", "High-pitched bark" and "Sharp shrill cry of dog (4)".)