IN THE NEWS: In a 3-team deal, the Giants send Freddie Lindstrom to the Pirates and OF Chick Fullis to the Phils, getting P Glenn Spencer and OF George Davis in return. The Bucs ship OF Gus Dugas to Philley. Lindstrom's departure was expected after he made known his disappointment in not being named John McGraw's successor.
IN THE NEWS: A joint meeting of American League and National League owners approves the concept of "chain store" baseball, developed as the St. Louis Cardinal farm system, despite strenuous objections by Judge Landis.
The Red Sox swap P Ed Durham and infielder Hal Rhyne to the White Sox for outfielders Fats Fothergill, Bob Seeds, and infielders Urban Hodapp and Greg Mulleavy.