| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Queen's Park | 7 | 15 | 4 | 0 | 0 | 9 | 4 | 1 | 0 | 2 | 2 | 7 | |||
| 2 | Stenhousemuir | 7 | 14 | 2 | 1 | 1 | 12 | 6 | 2 | 1 | 0 | 6 | 2 | |||
| 3 | Stranraer | 7 | 14 | 2 | 1 | 1 | 5 | 3 | 2 | 1 | 0 | 5 | 2 | |||
| 4 | Queen of the South | 7 | 13 | 2 | 0 | 1 | 8 | 2 | 2 | 1 | 1 | 4 | 5 | |||
| 5 | 7 | 12 | 1 | 2 | 1 | 7 | 7 | 2 | 1 | 0 | 8 | 3 | ||||
| 6 | Meadowbank Thistle | 7 | 10 | 1 | 2 | 0 | 6 | 4 | 1 | 2 | 1 | 7 | 6 | |||
| 7 | Arbroath | 7 | 10 | 1 | 1 | 1 | 4 | 7 | 2 | 0 | 2 | 7 | 10 | |||
| 8 | Forfar Athletic | 7 | 8 | 1 | 1 | 1 | 6 | 5 | 1 | 1 | 2 | 3 | 5 | |||
| 9 | East Fife | 7 | 7 | 1 | 2 | 1 | 4 | 4 | 0 | 2 | 1 | 5 | 6 | |||
| 10 | Alloa Athletic | 7 | 7 | 0 | 2 | 1 | 4 | 5 | 1 | 2 | 1 | 4 | 4 | |||
| 11 | Montrose | 6 | 7 | 0 | 1 | 3 | 4 | 8 | 2 | 0 | 0 | 8 | 6 | |||
| 12 | 7 | 6 | 1 | 1 | 2 | 2 | 3 | 0 | 2 | 1 | 2 | 3 | ||||
| 13 | Cowdenbeath | 6 | 4 | 0 | 0 | 2 | 2 | 5 | 1 | 1 | 2 | 5 | 7 | |||
| 14 | Albion Rovers | 7 | 2 | 0 | 1 | 2 | 5 | 7 | 0 | 1 | 3 | 4 | 12 | |||