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Newspaper
The Winthrop Review
Location
Winthrop, Massachusetts, United States of America
Date
Dec 16, 1932
Page
8
Murray the local Buick dealer announces display at 15 PurNam street inviting Winthrop residents to inspect the new 1933 Buicks. He notes expanded territory to Revere and praises the redesigned cars with Fisher NoPratt ventilation and modern wind stream styling.
The Board of Selectmen voted to set aside streets for coasting to safeguard youths. Supervised by the Superintendent of Streets Mahaney and the Police Department, they include Highland Avenue, Ingleside Avenue, Ocean View Street, Thornton Street, Great Head, Loring Road, and Circuit Road, with limits described.
For years Winthrop and Revere faced a riot incident at a Fort Banks event. Since then Winthrop severed ties with Revere, turning to Taunton and Peabody for Thanksgiving games. Peabody later cancelled a return bout, forcing Winthrop to end the Peabody series as the Revere relationship is revived.
Ernie Lehaat, new New England champion heavyweight and ally of Representative Honan, joined the victory rally after defeating Unknown Winston at Boston Arena. Babes Ruth and Lazzeri sent telegrams of congratulations as Supt. Crowley and several officials attended. Joseph Monahan delivered the presentation speech while a patrol of police, clerks, and politicians from Suffolk and Bristol counties filled the room. Dancing continued until early morning.
Winthrop Banks shows continued mortgage lending and no foreclosures, boasting about $454,000 in cash and securities. Holdings are primarily U S Government bonds, State of Pete bonds, and Town of Winthrop notes. The Winthrop Cooperative Bank advertises for mortgage loans, citing ample cash and securities on hand. Estimated assets run around $6.5 million with about $4.8 million in loans and related holdings.
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