I think I've answered my own question - It looks like Hawthorn (but somehow optically stretched horizontally or hand-redrawn?) A 1968 font by Michael Daines, reissued in 2004 by Linotype; E+F also have a version.

http://new.myfonts.com/fonts/linotype/hawthorn-lt/

I think Romana might be a closer match than Hawthorn.

Andrew, I agree the proportions of Romana look closer, but the weights of Romana that match this have a flat top on the A, and the R leg angle seems different, I think maybe A.J. is right that this is Hawtorn that has been graphically manipulated into this shape.

At least all the MyFonts versions of Romana I saw had these differences.

- Mike Yanega

I think that it is someone's version of Devinne. Not the ornamental Devinne, but the boldface of Romana that ATF created and called Devinne - and other foundries mimicked. Opti, for one, offered a version years later with the pointed top to the 'A' and downward vee of the 'M' - as well as that 'R' as an alternate.

Jeff Levine's Hand Stamped JNL Regular is a deliberately crude and inexact version of this.

Good work Mike. I knew something else had to be the answer, but I was having trouble imagining how I could get there with Hawthorn. I'm not at home, so I couldn't play with the actual font.

- Mike Yanega

Here's the Wooden Type version of that DeVinne you were talking about. This is probably the actual answer, but I am saying this without putting them side to side.

- Mike Yanega

Nice, Mike. Yeah, that is probably as close as A.J. is going to get in a digital font in 2010.

I was going by the shape of the counters, but point taken!