| Schedule/Results | Playoff Results | League Leaders | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Eastern | |||||||||||
| Team | GP | W | L | T | Pts | GF | GA | PIM | Att. | Coach | Playoff Results |
| Providence Reds | 72 | 38 | 29 | 5 | 81 | 239 | 203 | 877 | 4,506 | Fern Flaman | Lost in round 1 |
| Hershey Bears | 72 | 36 | 28 | 8 | 80 | 262 | 231 | 844 | 5,994 | Frank Mathers | Lost in Finals |
| Baltimore Clippers | 72 | 35 | 30 | 7 | 77 | 226 | 244 | 902 | 4,776 | Sullivan, Guidolin {+} | Lost in round 1 |
| Quebec Aces | 72 | 33 | 28 | 11 | 77 | 206 | 210 | 475 | 6,529 | Floyd Curry | Out of Playoffs |
| Springfield Indians | 72 | 33 | 31 | 8 | 74 | 282 | 236 | 843 | 3,915 | Pat Egan | Out of Playoffs |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Western | |||||||||||
| Buffalo Bisons | 72 | 41 | 24 | 7 | 89 | 237 | 199 | 949 | 5,215 | Billy Reay | Won Championship |
| Cleveland Barons | 72 | 31 | 34 | 7 | 69 | 270 | 253 | 1108 | 3,632 | Fred Glover | Lost in round 2 |
| Rochester Americans | 72 | 24 | 39 | 9 | 57 | 241 | 270 | 826 | 3,320 | Rudy Migay | Lost in round 1 |
| Pittsburgh Hornets | 72 | 20 | 48 | 4 | 44 | 200 | 317 | 955 | 4,840 | Stewart, Bastien {+} | Out of Playoffs |
| Sources: | Various newspapers compiled by Wilbrod Despres (Game results) |