June 3, 1932: Lou Gehrig became the first player in the 20th century to hit four home runs in one game.
June 3, 1932: Tony Lazzeri had a natural cycle (hit a single, double, triple and home run in that order) that was also completed with a grand slam. This event is often overlooked because it was the same game in which Lou Gehrig hit four home runs.
On May 30, 1932, the Yankees dedicated a monument to their former manager, Miller Huggins. Huggins was the first of many Yankees personnel granted this honor. The monument was placed in front of the flagpole in center field at Yankee Stadium. an area which eventually became "Monument Park," dedicated in 1976. The monument calls Huggins "A splendid character who made priceless contributions to baseball."
Babe Ruth's called shot was the home run hit by Babe Ruth in the fifth inning of Game 3 of the 1932 World Series, held on October 1, 1932 at Wrigley Field in Chicago. During the at bat, Ruth made a pointing gesture, which existing film confirms, but the exact nature of his gesture is ambiguous. Although neither fully confirmed nor refuted, the story goes that Ruth pointed to the center fieldbleachers during the at bat. It was supposedly a declaration that he would hit a home run to this part of the park. On the next pitch, Ruth hit a home run to center field.