| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Queen's Park | 34 | 63 | 10 | 2 | 5 | 27 | 20 | 8 | 7 | 2 | 23 | 15 | |||
| 2 | 34 | 62 | 6 | 6 | 5 | 18 | 13 | 12 | 2 | 3 | 33 | 16 | ||||
| 3 | Forfar Athletic | 34 | 57 | 10 | 4 | 3 | 37 | 16 | 6 | 5 | 6 | 24 | 22 | |||
| 4 | East Fife | 34 | 56 | 8 | 6 | 3 | 21 | 15 | 8 | 2 | 7 | 20 | 21 | |||
| 5 | Cowdenbeath | 34 | 53 | 6 | 5 | 6 | 28 | 20 | 9 | 3 | 5 | 27 | 18 | |||
| 6 | Dumbarton | 34 | 50 | 6 | 7 | 4 | 24 | 21 | 8 | 1 | 8 | 26 | 27 | |||
| 7 | 34 | 40 | 6 | 2 | 9 | 15 | 26 | 5 | 5 | 7 | 12 | 20 | ||||
| 8 | Brechin City | 34 | 35 | 5 | 3 | 9 | 22 | 23 | 4 | 5 | 8 | 17 | 25 | |||
| 9 | Montrose | 34 | 34 | 4 | 2 | 11 | 17 | 30 | 5 | 5 | 7 | 19 | 21 | |||
| 10 | Albion Rovers | 34 | 21 | 2 | 2 | 13 | 13 | 35 | 3 | 4 | 10 | 18 | 37 | |||