| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Queen's Park | 26 | 45 | 7 | 2 | 4 | 21 | 18 | 5 | 7 | 1 | 17 | 11 | |||
| 2 | Forfar Athletic | 25 | 44 | 7 | 4 | 1 | 27 | 13 | 5 | 4 | 4 | 23 | 19 | |||
| 3 | Cowdenbeath | 26 | 42 | 5 | 4 | 4 | 24 | 14 | 7 | 2 | 4 | 20 | 13 | |||
| 4 | 23 | 40 | 4 | 5 | 4 | 13 | 12 | 7 | 2 | 1 | 21 | 7 | ||||
| 5 | Dumbarton | 24 | 37 | 4 | 4 | 3 | 18 | 17 | 7 | 0 | 6 | 23 | 22 | |||
| 6 | East Fife | 24 | 37 | 5 | 4 | 3 | 12 | 10 | 6 | 0 | 6 | 16 | 18 | |||
| 7 | 25 | 32 | 4 | 2 | 7 | 11 | 21 | 5 | 3 | 4 | 11 | 10 | ||||
| 8 | Montrose | 25 | 26 | 4 | 1 | 8 | 13 | 22 | 3 | 4 | 5 | 14 | 17 | |||
| 9 | Brechin City | 25 | 23 | 4 | 1 | 7 | 18 | 18 | 2 | 4 | 7 | 10 | 22 | |||
| 10 | Albion Rovers | 25 | 17 | 2 | 2 | 8 | 13 | 24 | 2 | 3 | 8 | 14 | 31 | |||