| Team | GP | W | L | Pts | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Muskegon Zephyrs | 68 | 43 | 23 | 2 | 88 | 334 | 242 | 931 | Morris "Moose" Lallo | Won Championship | |
| St. Paul Saints | 68 | 42 | 25 | 1 | 85 | 291 | 209 | 1009 | Fred Shero | Lost in Finals | |
| Minneapolis Millers | 68 | 41 | 26 | 1 | 83 | 261 | 234 | 811 | Ken Yackel | Lost in round 1 | |
| Omaha Knights | 68 | 37 | 28 | 3 | 77 | 264 | 227 | 981 | Howie Milford | Lost in round 1 | |
| Fort Wayne Komets | 68 | 33 | 31 | 4 | 70 | 265 | 245 | 1054 | Art Stone | Out of Playoffs | |
| Indianapolis Chiefs | 67 | 19 | 48 | 0 | 38 | 220 | 348 | 926 | Alex Shibicky | Out of Playoffs | |
| Toledo Mercurys | 68 | 17 | 50 | 1 | 35 | 222 | 352 | 791 | Jim Henry | Out of Playoffs |
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