More details here.

Looks totally hand-drawn to me. All repeating letters look different. Will see if I could provide some alternatives.

Thank you!! We've been researching without much luck, seeming hand-drawn to us as well. Just found a Edward Penfield style font : bu Penfield Deco by bosil unique fonts.
This was helpful!

Thanks to your 'Penfield' reference, I got this one at MyFonts: Harpers July AZ which looks not so far. Another one Plug Italic AZ but italic only.

Luc Devroye's Edward Penfield Page http://luc.devroye.org/fonts-67392.html
Includes good quality images of his hand lettered Modern American Capitals and Modern American Lowercase. This is as close as I have seen to a standardized alphabet of Penfield's concept of an alphabet.
Seems to be the source of Penfield Deco by bosil unique fonts http://www.fontspace.com/bosil-unique-fonts/bu-penfield-deco Decide for yourself how well the digital version catches Penfield's letters.
Don

Plug Italic AZ http://www.myfonts.com/fonts/artistofdesign/az-plug-italic/ combines the work of Edward Penfield and Frank Hazenplug. Luc Devroyes's Frank Hazenplug Page http://luc.devroye.org/fonts-51819.html Includes good quality images of his hand lettered Modern American Capitals, two sets, and Frank Hazenplug Script.
Don

More Harper's by Penfield http://collections.vam.ac.uk/search/?offset=0&limit=15&narrow=1&extrasea...
Don