| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Queen's Park | 21 | 38 | 6 | 1 | 4 | 17 | 15 | 5 | 4 | 1 | 15 | 9 | |||
| 2 | East Fife | 20 | 34 | 4 | 4 | 3 | 10 | 10 | 6 | 0 | 3 | 14 | 11 | |||
| 3 | 20 | 33 | 3 | 4 | 4 | 10 | 10 | 6 | 2 | 1 | 20 | 7 | ||||
| 4 | Forfar Athletic | 19 | 32 | 4 | 4 | 1 | 18 | 9 | 4 | 4 | 2 | 18 | 12 | |||
| 5 | Cowdenbeath | 22 | 32 | 3 | 3 | 4 | 14 | 12 | 6 | 2 | 4 | 16 | 13 | |||
| 6 | Dumbarton | 20 | 30 | 3 | 3 | 3 | 14 | 14 | 6 | 0 | 5 | 18 | 17 | |||
| 7 | 19 | 25 | 2 | 2 | 4 | 6 | 11 | 5 | 2 | 4 | 11 | 10 | ||||
| 8 | Montrose | 21 | 24 | 4 | 0 | 8 | 13 | 22 | 3 | 3 | 3 | 11 | 11 | |||
| 9 | Brechin City | 20 | 18 | 3 | 0 | 6 | 14 | 15 | 2 | 3 | 6 | 9 | 19 | |||
| 10 | Albion Rovers | 20 | 14 | 1 | 2 | 8 | 10 | 23 | 2 | 3 | 4 | 9 | 17 | |||