Please read the following table in HTML format from a webpage and then answer the question in detail according to the table. Each table cell is defined by a <td> and a </td> tag. Each table row starts with a <tr> and ends with a </tr> tag. 'rowspan=m' and 'colspan=n' represents a cell spaning over 'm' rows and 'n' columns.

Webpage title:
1954 New York Yankees season
Table title:
Season standings
Table:
<table id='hittask' contenteditable='False'>
<tr> <th colspan=1 rowspan=1 > American League </th><th colspan=1 rowspan=1 > W </th><th colspan=1 rowspan=1 > L </th><th colspan=1 rowspan=1 > Pct. </th><th colspan=1 rowspan=1 > GB </th></tr>
<tr> <td class="highlighted"  colspan=1 rowspan=1 > Cleveland Indians </td><td class="highlighted"  colspan=1 rowspan=1 > 111 </td><td colspan=1 rowspan=1 > 43 </td><td colspan=1 rowspan=1 > .721 </td><td colspan=1 rowspan=1 > - </td></tr>
<tr> <td class="highlighted"  colspan=1 rowspan=1 > New York Yankees </td><td class="highlighted"  colspan=1 rowspan=1 > 103 </td><td class="highlighted"  colspan=1 rowspan=1 > 51 </td><td colspan=1 rowspan=1 > .669 </td><td class="highlighted"  colspan=1 rowspan=1 > 8 </td></tr>
<tr> <td colspan=1 rowspan=1 > Chicago White Sox </td><td colspan=1 rowspan=1 > 94 </td><td colspan=1 rowspan=1 > 60 </td><td colspan=1 rowspan=1 > .610 </td><td colspan=1 rowspan=1 > 17 </td></tr>
<tr> <td colspan=1 rowspan=1 > Boston Red Sox </td><td colspan=1 rowspan=1 > 69 </td><td colspan=1 rowspan=1 > 85 </td><td colspan=1 rowspan=1 > .448 </td><td colspan=1 rowspan=1 > 42 </td></tr>
<tr> <td colspan=1 rowspan=1 > Detroit Tigers </td><td colspan=1 rowspan=1 > 68 </td><td colspan=1 rowspan=1 > 86 </td><td colspan=1 rowspan=1 > .442 </td><td colspan=1 rowspan=1 > 43 </td></tr>
<tr> <td colspan=1 rowspan=1 > Washington Senators </td><td colspan=1 rowspan=1 > 66 </td><td colspan=1 rowspan=1 > 88 </td><td colspan=1 rowspan=1 > .429 </td><td colspan=1 rowspan=1 > 45 </td></tr>
<tr> <td colspan=1 rowspan=1 > Baltimore Orioles </td><td colspan=1 rowspan=1 > 54 </td><td colspan=1 rowspan=1 > 100 </td><td colspan=1 rowspan=1 > .351 </td><td colspan=1 rowspan=1 > 57 </td></tr>
<tr> <td colspan=1 rowspan=1 > Philadelphia Athletics </td><td colspan=1 rowspan=1 > 51 </td><td colspan=1 rowspan=1 > 103 </td><td colspan=1 rowspan=1 > .331 </td><td colspan=1 rowspan=1 > 60 </td></tr>
</table>
Question:
What place did the New York Yankees secure in the American League and with what record?
Answer:
The New York Yankees finished in second place in the American League with a record of 103–51, finishing 8 games behind the Cleveland Indians, who won 111 games.