View west on California with Bank of California building at center. Old St. Mary's Church, Fairmont Hotel up hill. Merchant's Exchange Building at background left, Kohl Building, London & San Francisco Bank Building at right. Gigs, horses, wagons and rebuilding underway. Alaska Commercial Building (1907, Meyers and Ward, Architects)almost complete at right. On left, Mutual Life Insurance of New York and Fireman's Fund Insurance Buildings, each reduced to two stories after earthquake and fire.