| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Queen's Park | 25 | 44 | 7 | 2 | 4 | 21 | 18 | 5 | 6 | 1 | 17 | 11 | |||
| 2 | Forfar Athletic | 23 | 41 | 6 | 4 | 1 | 25 | 13 | 5 | 4 | 3 | 22 | 15 | |||
| 3 | Cowdenbeath | 25 | 39 | 4 | 4 | 4 | 20 | 13 | 7 | 2 | 4 | 20 | 13 | |||
| 4 | 22 | 37 | 3 | 5 | 4 | 11 | 11 | 7 | 2 | 1 | 21 | 7 | ||||
| 5 | East Fife | 23 | 37 | 5 | 4 | 3 | 12 | 10 | 6 | 0 | 5 | 16 | 17 | |||
| 6 | Dumbarton | 23 | 34 | 3 | 4 | 3 | 15 | 15 | 7 | 0 | 6 | 23 | 22 | |||
| 7 | 23 | 26 | 2 | 2 | 7 | 6 | 18 | 5 | 3 | 4 | 11 | 10 | ||||
| 8 | Montrose | 24 | 26 | 4 | 1 | 8 | 13 | 22 | 3 | 4 | 4 | 12 | 14 | |||
| 9 | Brechin City | 23 | 22 | 4 | 0 | 7 | 18 | 18 | 2 | 4 | 6 | 10 | 20 | |||
| 10 | Albion Rovers | 23 | 17 | 2 | 2 | 8 | 13 | 24 | 2 | 3 | 6 | 10 | 25 | |||