| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Queen's Park | 29 | 54 | 9 | 2 | 4 | 26 | 19 | 6 | 7 | 1 | 20 | 11 | |||
| 2 | 29 | 52 | 5 | 5 | 4 | 15 | 12 | 10 | 2 | 3 | 30 | 15 | ||||
| 3 | Forfar Athletic | 29 | 50 | 9 | 4 | 2 | 32 | 14 | 5 | 4 | 5 | 23 | 21 | |||
| 4 | East Fife | 28 | 47 | 7 | 5 | 3 | 18 | 13 | 7 | 0 | 6 | 17 | 18 | |||
| 5 | Cowdenbeath | 29 | 43 | 5 | 4 | 5 | 25 | 17 | 7 | 3 | 5 | 22 | 17 | |||
| 6 | Dumbarton | 28 | 40 | 5 | 4 | 4 | 21 | 19 | 7 | 0 | 8 | 24 | 26 | |||
| 7 | 29 | 33 | 4 | 2 | 8 | 11 | 24 | 5 | 4 | 6 | 12 | 17 | ||||
| 8 | Brechin City | 29 | 31 | 4 | 3 | 7 | 19 | 19 | 4 | 4 | 7 | 15 | 22 | |||
| 9 | Montrose | 29 | 30 | 4 | 1 | 10 | 16 | 27 | 4 | 5 | 5 | 16 | 17 | |||
| 10 | Albion Rovers | 29 | 20 | 2 | 2 | 11 | 13 | 31 | 3 | 3 | 8 | 16 | 32 | |||