It's a bay rum bottle from Puerto Rico, here's another bottle and a label from the company, along with a couple other Puerto Rican bay rum labels (and some unrelated wine labels that were also in the picture):
Alcoholado, as far as I can tell, more or less translates to "bay rum" in this context. Note "External use only" on the label, meaning it's not a liquor bottle, plus the top wouldn't make sense for liquor either.
Date-wise I'd guess 1940s-ish, give or take a decade or so.