| Schedule/Results | Playoff Results | League Leaders | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Team | GP | W | L | T | Pts | GF | GA | PIM | Att. | Coach | Playoff Results |
| Providence Reds | 64 | 45 | 17 | 2 | 92 | 263 | 193 | 920 | Jack Crawford | Won Championship | |
| Pittsburgh Hornets | 64 | 43 | 17 | 4 | 90 | 271 | 186 | 1369 | Howie Meeker | Lost in round 1 | |
| Buffalo Bisons | 64 | 29 | 30 | 5 | 63 | 239 | 250 | 801 | Frank Eddolls | Lost in round 1 | |
| Cleveland Barons | 64 | 26 | 31 | 7 | 59 | 225 | 231 | 999 | Frederick "Bun" Cook | Lost in Finals | |
| Hershey Bears | 64 | 19 | 39 | 6 | 44 | 218 | 271 | 949 | Murray Henderson | Out of Playoffs | |
| Springfield Indians | 64 | 17 | 45 | 2 | 36 | 212 | 297 | 800 | Bill "Red" Mitchell | Out of Playoffs | |
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