“Hanover Street, south from Wall Street to Exchange Place, showing (right), a portion of the National City Bank building and (left), a portion of the new Wall and Hanover building. Also shown (under demolition) is the Canadian Bank of Commerce building, at the N.W. corner of Exchange Place and Hanover Street. At the top foreground of the view, is visible part of a foot bridge, connecting the National City Bank with the Wall and Hanover buildings. September 12, 1929.” - P.L. Sperr

The National City Bank building at 55 Wall Street had been the Merchants’ Exchange and a U.S. Customs House during the 19th century. Between 1899-1908, architect Charles McKim led the building’s redevelopment as the headquarters of the National City Bank (known as Citibank since 1976). During renovations, workers discovered a cannonball, gunpowder and various makeshift munitions, likely a stockpile leftover from the Draft Riots of 1863.

Sperr’s series of Wall Street photographs were taken in September 1929, just one month before the calamitous stock market crash that sent financial markets into crisis.