I remember seeing that on TV when it happened during the '54 World Series. Not only the catch but the throw that held runners on base. Dad and I came right out of our chairs in amazement!
Not being a sports fan I've been trying to find out where this pic came from. From a Wikipedia article on the A & C sketch:
Real-life parallels
...In September 2007, Los Angeles Dodgers shortstop Chin-Lung Hu, a late-season callup from Albuquerque, got his first major league hit against the Arizona Diamondbacks, a single; Dodgers announcer Vin Scully said, "Shades of Abbott and Costello, I can finally say, 'Hu is on first base."