Don't know the face but I suspect the /M/s might be upside-down /W/s, if that helps.

http://www.myfonts.com/person/Theodore_Low_De_Vinne/

Thank you for your replies.
The W's do look like upside M's.
I think your observation is correct.

EAQ - Thank you for your link. Although I do not think that Publication JNL is the correct typeface.

Could you please elaborate?

Plus: Any other suggestions please?
Thank you.

It is indeed similar to De Vinne/Romana - perhaps a custom cut De Vinne for MIT?

Ah yes.
I can see it in Romana.

Thank you.