Here's a possibility:

http://www.fonthaus.com/fonts/wiescherdesign/franklin-gothic-raw/CW51017

BOURBON with a roughened treatment based on 1896 wood-type Cheap Pine http://www.myfonts.com/fonts/hvdfonts/cheap-pine/
Hint: for the smaller O just use a smaller font size for that letter.
Don

More BOURBON with a roughened treatment
Veneer http://www.myfonts.com/fonts/yellow-design/veneer/ and
Anodyne http://www.myfonts.com/fonts/yellow-design/anodyne/
I prefer Cheap Pine, but Veneer and Anodyne have the straight leg R to match the image. The curved strokes of B, O, and R are more squared than the image.
Don

In my opinion the fonts shown in the image are not old fonts, but rather are modern designs, which may or may not be digital fonts. No problem with the sans-serif for BOURBON as mentioned in my earlier posts.
But "barrel STOUT" is a real Frankenstein.
Notice the differences between these letters and classic italics like Garamond http://www.myfonts.com/fonts/paratype/original-garamond-bt/ and Fleischman http://www.myfonts.com/fonts/bitstream/fleischman-bt-pro/.
The truncated ascenders, the almost vertical slope, the strange tail at the top of b, etc. What's this with a ball serif capital S? And how did square serifs from Egyptian end up on the T and U? This is not to say that someone has not packaged this mish mash as a font.
So if the Frankenfont does not turn up you could make reasonable facsimile of "barrel" by editing Fleishman. Other candidates for editing include Verdigris MVB Pro Text http://www.myfonts.com/fonts/mvbfonts/mbv-verdigris-pro/ ITC Cushing http://www.myfonts.com/fonts/itc/cushing/ and Kis http://www.myfonts.com/fonts/bitstream/kis/
Don

Can't agree more with Don's last comment. That doesn't look like old fonts at all to me. And actually, they are not: 'BOURBON' is most probably Trade Gothic Bold #2 and 'barrel STOUT' is Matrix II Italic. Never been a great fan of Suzana Licko's design BTW.

Thanks Ryuk. Amazing, that the awkward odd duck of "barrel STOUT" is actually a font. I share your opinion of Suzana Licko's designing, certainly where this font is concerned.
Don