| Final Ranking | pts | w | d | l | gf | ga | g+- | m | | 1. SKIF Kaunas | LTU | 16 | 8 | 0 | 1 | 340: | 270 | +70 | 9 | | 2. Dinamo Tbilisi | GEO | 14 | 7 | 0 | 2 | 373: | 253 | +120 | 9 | | 3. CDKA Moskva | RUS | 12 | 6 | 0 | 3 | 350: | 309 | +41 | 9 | | 4. Dinamo Moskva | RUS | 12 | 6 | 0 | 3 | 316: | 280 | +36 | 9 | | 5. Stroitel Moskva | RUS | 10 | 5 | 0 | 4 | 295: | 299 | -4 | 9 | | 6. Dom ofitsera Tbilisi | GEO | 10 | 5 | 0 | 4 | 335: | 297 | +38 | 9 | | 7. Dom ofitsera Leningrad | RUS | 8 | 4 | 0 | 5 | 330: | 339 | -9 | 9 | | 8. Kalev Tallinn | EST | 6 | 3 | 0 | 6 | 235: | 305 | -70 | 9 | | 9. Zhalgiris Kaunas | LTU | 2 | 1 | 0 | 8 | 289: | 388 | -99 | 9 | | 10.HVATU Kharkov | UKR | 0 | 0 | 0 | 9 | 293: | 416 | -123 | 9 |
| SKIF Kaunas: A. Vilimas, S. Butautas, V. Majorovas, V. Kulakauskas, K. Petkyavitchus, I. Kilishauskas, Yu. Lagunavichus, V. Dzenis, V. Sertsyavichus. Coach: V.V. Kulakauskas. | | Chief referee: M.Z. Tshvedadse. |
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| Played outdoors at Basketball Stadium, Park imeni Kirova (ulitsa Lenin,43). | | There was a big portrait of the Great Chief comrade Stalin. There were also smaller portraits of his closest cowariors, comrades V.M. Molotov and L.P. Beria. |
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