10th The White Sox send pitchers Marv Grissom, Bill Kennedy and Hal Brown to the Red Sox for 33-year-old infielder Vern Stephens. A perennial All-Star in the 1940s, Stephens’ best years are behind him.
13th The Athletics change the name of Shibe Park to Connie Mack Stadium, in honor of their longtime owner and manager.
15th With 2,500 looking on at Miami Springs golf course Allie Reynolds defeats Al Dark to win the National Baseball players golf championship. The Chief does it one up in match play, shooting a 73 to Dark’s 75. Perennial favorite Jim Hearn wins the consolation round. Heinie Manush wins the senior division title, while Ken Yount wins the minor leaguers division for the fourth straight time.
16th In four-team trade, the Braves send 1B Earl Torgeson to the Phils for P Russ Meyer. They then send Meyer to Brooklyn for Rocky Bridges and Jim Pendleton, and complete the day’s activities by sending Bridges to the Reds for slugger Joe Adcock.
Ted Williams safely crash-lands his damaged Panther jet after flying a combat mission in Korea. The plane was hit by enemy fire.
17th The Reds sell veteran pitcher Johnny Schmitz to the New York Yankees. It’s his second time in pinstripes.
20th August A. Busch buys the Cardinals from Fred Saigh for $3.75 million and pledges not to move the team from St. Louis. The Washington Post reports tomorrow that an unidentified group of Milwaukee investors [the New York Times of January 30th says that one of the interested investors is Milwaukee brewer Fredrick C. Miller] had offered Saigh $4 million two weeks ago. Saigh was apparently close enough to accepting the Milwaukee offer that Cardinal front office employees had been told that if they wished to move with the club to Milwaukee their moving expenses would be paid by the team. In order to keep the team in St. Louis, Saigh ended up accepting a slightly lower offer of $3.75 million from Anheuser Busch, Inc.
The U.S. Court of Appeals rules that organized baseball is a sport and not a business, affirming the 25-year-old Supreme Court ruling. This effectively dismisses the antitrust suits of Jack Corbett and former Dodger farm hand Walter Kowalski. The $300,000 suit of Corbett, the owner of the Texas League El Paso club, is based on his belief that he lost money when ML baseball prohibited him from signing several players suspended for participation in the Mexican League. Kowalski’s $150,000 suit is based on the general principles of the antitrust and restraint-of-trade laws. Their lawyer in these cases is Frederic Johnson, who also represents Danny Gardella in his suit against ML baseball.
21st The Dodgers sell infielder Tommy LaSorda to the Browns