| Tuesday, August 2nd, 1955 | Released 3B Rod Small. | Wednesday, June 15th, 1955 | Received 1B Pedro Ibáñez from Double A Freeport. | Released 1B Stan Lovell. | Promoted 1B Pedro Ibáñez to Double A Freeport. | Received RF Cipriano Ramos from Double A Freeport. | Drafted 2B Vern Gallagher in the 1955 first-year player draft (Round 6, Pick 9, 98th overall pick). | Drafted 1B Rod Brady in the 1955 first-year player draft (Round 7, Pick 9, 115th overall pick). | Drafted SP Jim Phillips in the 1955 first-year player draft (Round 8, Pick 9, 131st overall pick). | Drafted 3B Juan López in the 1955 first-year player draft (Round 9, Pick 9, 147th overall pick). | Drafted MR Pedro Moreno in the 1955 first-year player draft (Round 10, Pick 9, 163rd overall pick). | Promoted RF Cipriano Ramos to Double A Freeport. | Received 1B Pedro Ibáñez from Double A Freeport. | Monday, June 6th, 1955 | Placed SP César Orozco on the 15-day disabled list. | Friday, September 10th, 1954 | Signed manager Bryan Davis. | |
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