Can't name it, most probably never digitized. I like Baufuss as alternative.

thanks, but Baufuss is too different!

An almost identical A -- with the angled cross stroke -- is found in F. W. Goudy's National Old Style and Nabisco fonts of 1916 and 1921.
National:

Nabisco:

National Old Style is available as a "prop font," i.e. an unedited autotrace from HPLHS [A Lovecraft fan and gaming group]
http://www.cthulhulives.org/toybox/propdocs/propfonts.html
National is shown in detail at pages 300 to 305 of the ATF Catalog for 1923. Luc Devroye has an informative page
http://luc.devroye.org/fonts-26299.html
The distinctive leg on the R is very similar to the one on Nicolas Jenson’s Roman. See
http://www.myfonts.com/fonts/adobe/jenson/
http://www.myfonts.com/fonts/spiecegraphics/nicolas-jenson-sg/
http://www.myfonts.com/fonts/linotype/jenson-classico/
http://www.myfonts.com/fonts/linotype/jenson-classico/
Don

Awesome! Thank you so much, that font looks great!

You're welcome Oliver. Many of F.W. Goudy's fonts have already been digitized. It's just a question of when, not if for this one. Interesting to see who gets there first.
don