Here’s a hi-res version of the cover.
The upright is indeed News Gothic Bold as Sonikku A said. However, it’s crucially not ATF’s version, but Monotype’s adaptation, which is distinguished by clearly wider capitals.
With that S, the italic has to be the one from Mercator. Now how Mercator Cursief ended up in the United States is a curious story. For a long time, Akzidenz-Grotesk – a.k.a. Standard in the US – didn’t have italics. When Tetterode produced Mercator Cursief, Amsterdam Continental integrated this typeface into the Standard series and sold it in the US as Standard Italic (hat tip to Dan “AG” Reynolds!), starting around 1961. Berthold’s Akzidenz-Grotesk Serie 57 Kursiv is different.