| Team | GP | W | L | Pts | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Hershey Bears | 70 | 39 | 24 | 7 | 85 | 241 | 198 | 959 | Frank Mathers | Won Championship | |
| Cleveland Barons | 70 | 39 | 28 | 3 | 81 | 232 | 163 | 979 | Jack Gordon | Lost in round 1 | |
| Providence Reds | 70 | 33 | 32 | 5 | 71 | 237 | 220 | 957 | Jack Crawford | Lost in round 1 | |
| Springfield Indians | 70 | 29 | 33 | 8 | 66 | 231 | 246 | 871 | 3,866 | George "Punch" Imlach | Lost in Finals |
| Rochester Americans | 70 | 29 | 35 | 6 | 64 | 205 | 242 | 954 | 3,910 | Rollie McLenahan | Out of Playoffs |
| Buffalo Bisons | 70 | 25 | 42 | 3 | 53 | 224 | 301 | 629 | Harry Watson | Out of Playoffs |
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