In his 1903 book "Light and Water", Sir Montagu Pollock uses this photo to illustrate an observation of reflections on gently rippled water: "The gentle movement of water in the distance elongates and exaggerates the upright lines of the buildings. In the foreground, the individual ripples become visible, breaking up the reflection of the mountains horizontally."
He explains the elongation of the reflection of the buildings by setting up a series of mirrors to represent the far wavelets, and then tilting them toward and away from the observer. Since the area they reflect shifts vertically, they have the effect of stretching the reflected image downward.
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"Light and Water: A Study of Reflexion and Color in River, Lake, and Sea" by Sir Montagu Pollack, Bart (1903) is available as a free download from Archive.org
