1939
The teams in Batesville and Blytheville folded.
| Caruthersville Pilots | St. Louis Cardinals | 79-39 (1st half winner) (2nd half winner) |
| Paragould Broncos | St. Louis Browns | 63-57 |
| Newport Tigers | Detroit Tigers | 61-60 |
| Jonesboro White Sox | Chicago White Sox | 38-85 |
As Caruthersville won both halves of the season, there was no basis for a playoff.
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