Hi Jan, if this were the case it would still be based on an existing typeface, wouldn't it?
Bear in mind that it's a screenshot from old grainy film print and many of the discrepencies could be due to that, as the process of transfering type to film was not as clean as it is today.
For instance, here you can see that these two Ns vary slightly, but the typeface is still Windsor:
Yes, Woody uses Windsor. Still, up until 1960 most film titles were hand lettered. They were easier to produce that way. Until photo- and digital composition, type was generally restricted to printing on paper.
Some lettering styles are based on typefaces, but most styles come from techniques passed down from masters and manuals in calligraphy and signpainting. Lettering was also commonly taught in art school. It was (and still is) a discipline distinct from typeface design.
I agree with Jan that what you have here is a very nice example of hand lettering. Look at the huge variation in each letter ‘a’, for example. The best way to get this look is to hire a lettering artist. If you have to use a font, check out Marcia and Surveyor, typefaces inspired by this kind of lettering.
Also MVB Sirenne and Treasure Trove.