The traffic around the circle seems chaotic, and the fountains that surround it now wouldn’t come for another 80 or so years.
The yellow Victorian-looking structure in the center is the Pabst Grand Circle Hotel, torn down and replaced by the much-maligned Lollipop Building. Redone in the 2000s, it now houses the Museum of Arts and Design.
I can’t figure out what the billboard on top of the white building says. United States something? Columbus Circle had big, bright billboards and signage for decades.