Bernhard Fashion font (Bitstream library). Click on the font picture to buy the font.
This is an American face designed by Lucian Bernhard for ATF in 1929. An extra light face with tall ascenders and stylized bars that extend off to the left. The lower-case sits on the baseline and the much-taller-than-normal capitals have an imaginary baseline that sits about two-thirds of the distance from the real baseline to the bottom of the EM.