| Schedule/Results | Playoff Results | League Leaders | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Team | GP | W | L | T | Pts | GF | GA | PIM | Att. | Coach | Playoff Results |
| Pittsburgh Hornets | 64 | 31 | 25 | 8 | 70 | 187 | 180 | 0 | Howie Meeker | Won Championship | |
| Cleveland Barons | 64 | 32 | 29 | 3 | 67 | 254 | 222 | 0 | Frederick "Bun" Cook | Lost in round 1 | |
| Buffalo Bisons | 64 | 31 | 28 | 5 | 67 | 248 | 228 | 0 | Gaye Stewart | Lost in Finals | |
| Springfield Indians | 64 | 32 | 29 | 3 | 67 | 251 | 233 | 0 | Eddie Shore | Lost in round 1 | |
| Hershey Bears | 64 | 29 | 28 | 7 | 65 | 217 | 225 | 0 | Murray Henderson | Out of Playoffs | |
| Providence Reds | 64 | 21 | 37 | 6 | 48 | 194 | 263 | 0 | Pat Egan | Out of Playoffs | |
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