IN THE NEWS: Wally Pipp, 33, has lost his Yankee 1B job to Lou Gehrig after 101/2 years; the Reds buy him for $7,500. Pipp had been the Opening Day first baseman for the past 11 seasons.
The Browns trade P Joe Bush and outfielder Jack Tobin to Washington for P Tom Zachary and Win Ballou, both of whom will be gone by July. Zachary will be back with the Senators next year in time to serve up Ruth's 60th home run.
IN THE NEWS: The National League holds its Golden Jubilee Banquet in New York. Among nearly 1,000 invited guests are 10 players from the 1876 season and two umpires, including Billy McLean, who was the umpire for the first NL game.
IN THE NEWS: The Browns acquire 37-year-old catcher Wally Schang from the Yankees for pitcher George Mogridge and cash. The veteran will backstop for the Browns for three seasons.
IN THE NEWS: Arriving for spring training, a chastened John McGraw announces that he is through with the real estate business. McGraw's involvement with Pennant Park last year cost him more than $100,000.
At Crescent City, Florida, a train carrying several Cleveland players derails. No players are injured and pitcher George Uhle sleeps through the incident.
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