Baltimore was awarded the Pennant, as they reportedly won both halves of the season. Due to the Great Depression, the ANL, like all negro leagues at the time, was unable to continue.
| TEAM | W | L | Pct | GB | ||
 | Black Sox | 53 | 29 | .646 | - | |
 | Lincoln Giants | 38 | 18 | .679 | 2.0 | |
 | Homestead | 37 | 21 | .638 | 4.0 | |
 | Hilldale | 42 | 36 | .538 | 9.0 | |
 | AC Bacharach | 16 | 30 | .348 | 19.0 | |
 | Cuban East | 16 | 26 | .381 | 17.0 |