Seven derricks are visible in this view. The T-shaped structure adjacent to the three derricks at the northeast corner (intersection of Nassau Street and Pine Street; Nassau horizontal in photo) sheltered the hoisting equipment for each derrick. Similar, though smaller, structures are visible at each of the other derricks. Both the crowd of onlookers along the sidewalk fence on Nassau Street and the large cloud of steam above one of the derricks suggests this photo was taken during the workday, though few laborers are visible. Nonetheless, a trailer-truck delivering steel sheeting is visible on Pine Street, as is an empty dump truck. At what will become the west foundation wall, bracing between the west wall of the excavation and the east wall of the adjacent buildings is visible. The bracing provided support for the excavation, not the wall of the building. The depth of the excavation at the west lot line has progressed significantly ahead of that at the east lot line. Along the east lot line at Nassau Street the vaulted sidewalk of the Hanover National Bank Building can still be seen.