1st The Red Sox trade for hard-hitting Jackie Jensen, sending Mickey McDermott and Tom Umphlett to Washington. Jensen will average 25 HRs a year for his 7 seasons in Fenway, lead the AL in RBIs 3 times, and win the MVP in 1958. A fear of flying will end his career early.
9th The leagues meet and adopt a resolution to set up a committee to weigh ending the pension fund in November of 1955. Hank Greenberg and John Galbreath are on the committee. Broadcast revenues from WS and All-Star games are in dispute.
The leagues raise the minimum salary to $6,000.
10th Dodgers President Walter O’Malley unveils plans for a new stadium in Brooklyn.
The Reds trade OF Willard Marshall to the White Sox for infielders Rocky Krsnich, Connie Ryan and P Saul Rogovin. The Sox also pick up Cass Michaels from the A’s
14th Detroit’s Harvey Kuenn is voted AL Rookie of the Year. Kuenn hit .308 for the season.
16th In a ten-player trade, the Yankees send 1B Vic Power, infielders Jimmy Finigan and Don Bollweg, OF Bill Renna, C Jim Robertson, and P John Gray to the A’s. Philadelphia packs veteran !B Eddie Robinson, Loren Babe, P Harry Byrd, and outfielders Tom Hamilton and Carmen Mauro to New York. Byrd, who won 26 games in 2 years for the A’s, will never match his wins in New York. The stylish Power, the American Association batting leader in 1953, will win 7 Gold Gloves and make the All-Star team 4 times.
17th In a tax-avoidance scheme, the NY Yankees sell Yankee Stadium and Kansas City properties for $6.5 million in a deal with Johnson Corp and the Knights of Columbus, who immediately lease the property back to the Yanks.
22nd Jack Dunn III, whose family successfully owned and operated the Orioles for years in the International League, officially turns the old team name over to the Baltimore Orioles.
23rd Dodgers 2B Jim “Junior” Gilliam easily wins NL Rookie of the Year honors over Harvey Haddix and Ray Jablonski. Satchel Paige remains unclaimed on the AL waiver list.
28th Pittsburgh sends flashy infielder Danny O’Connell to Milwaukee for 3B Sid Gordon, OF Sam Jethroe, P Max Surkont, and minor league pitchers, Fred Waters, Curt Raydon, and Larry Lasalle. They also get $100,000 from the Braves. According to historian Sean Lehman, this is the only six-for-one trade in major league history and surpassed only by the 7-for-1 deal that will send Vida Blue from Oakland to San Francisco in 1978.