On July 16, 1706, the Second Commission to Lay Out Ports and Towns established Wood Street in Cambridge. By 1779 it had been renamed Race Street to acknowledge the custom of local horse breeders of racing their horses along the street on Saturdays.
Cambridge Time Machine: Watching Out for Horses on Race Street
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This is SUCH a GREAT albeit brief (in terms of accompanying narrative) article! So many juicy details in the photo itself. For example, the A&P grocery store at the right margin. I actually remember when the A&P was downtown on Race St.