| Overall | GP | W | L | T | PTS | GF | GA |
|---|---|---|---|---|---|---|---|
| Pittsburgh Hornets | 64 | 31 | 25 | 8 | 70 | 187 | 180 |
| Cleveland Barons | 64 | 32 | 29 | 3 | 67 | 254 | 222 |
| Springfield Indians | 64 | 32 | 29 | 3 | 67 | 251 | 233 |
| Buffalo Bisons | 64 | 31 | 28 | 5 | 67 | 248 | 228 |
| Hershey Bears | 64 | 29 | 28 | 7 | 65 | 217 | 225 |
| Providence Reds | 64 | 21 | 37 | 6 | 48 | 194 | 263 |
Note: GP = Games played; G = Goals; A = Assists; Pts = Points; PIM = Penalty Minutes
| Player | Team | GP | G | A | Pts | PIM |
|---|---|---|---|---|---|---|
| Eddie Olson | Cleveland Barons | 60 | 41 | 47 | 88 | 48 |
| Ken Wharram | Buffalo Bisons | 63 | 33 | 49 | 82 | 15 |
| Ross Lowe | Springfield Indians | 60 | 32 | 50 | 82 | 91 |
| Fred Glover | Cleveland Barons | 58 | 33 | 42 | 75 | 108 |
| Walt Atanas | Springfield Indians | 62 | 29 | 45 | 74 | 66 |
| Paul Larivee | Providence Reds | 62 | 29 | 45 | 74 | 19 |
| Zellio Toppazzini | Providence Reds | 62 | 21 | 53 | 74 | 12 |
| Arnie Kullman | Hershey Bears | 62 | 23 | 48 | 71 | 67 |
| Jim Anderson | Springfield Indians | 63 | 39 | 32 | 71 | 40 |
| Ellard O'Brien | Hershey Bears | 62 | 31 | 38 | 69 | 28 |
| Calder Cup Playoff champions: | Pittsburgh Hornets |
| F. G. "Teddy" Oke Trophy Regular Season champions: | Pittsburgh Hornets |
| Les Cunningham Award Most valuable player: | Ross Lowe - Springfield Indians |
| John B. Sollenberger Trophy Top point scorer: | Eddie Olson - Cleveland Barons |
| Dudley "Red" Garrett Memorial Award Rookie of the year: | Jimmy Anderson - Springfield Indians |
| Harry "Hap" Holmes Memorial Award Lowest goals against average: | Gil Mayer - Pittsburgh Hornets |