Formwork and placement of steel reinforcing has been completed for the lower level of the foundation wall. Concrete, evident in the bucket at center, is being placed in the lower portion of the forms along Pine Street. The formwork for the new foundation wall aligns with the north wall of the American Surety Building. The wall seen beyond the timber shoring at the right is the outer wall of the sidewalk vault. The gentleman inside the sidewalk fence is standing on a man hole that lead directly to the vault; the man hole may have been used a coal chute and the vault as a coal bunker.