| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Queen's Park | 20 | 37 | 6 | 1 | 4 | 17 | 15 | 5 | 3 | 1 | 15 | 9 | |||
| 2 | East Fife | 18 | 32 | 4 | 2 | 3 | 9 | 9 | 6 | 0 | 3 | 14 | 11 | |||
| 3 | Cowdenbeath | 20 | 31 | 3 | 3 | 4 | 14 | 12 | 6 | 1 | 3 | 16 | 11 | |||
| 4 | 18 | 29 | 2 | 3 | 4 | 7 | 9 | 6 | 2 | 1 | 20 | 7 | ||||
| 5 | Forfar Athletic | 17 | 28 | 4 | 4 | 1 | 18 | 9 | 3 | 3 | 2 | 12 | 10 | |||
| 6 | Dumbarton | 19 | 27 | 2 | 3 | 3 | 12 | 14 | 6 | 0 | 5 | 18 | 17 | |||
| 7 | Montrose | 20 | 24 | 4 | 0 | 7 | 12 | 17 | 3 | 3 | 3 | 11 | 11 | |||
| 8 | 18 | 22 | 2 | 2 | 4 | 6 | 11 | 4 | 2 | 4 | 10 | 10 | ||||
| 9 | Brechin City | 19 | 18 | 3 | 0 | 6 | 14 | 15 | 2 | 3 | 5 | 8 | 16 | |||
| 10 | Albion Rovers | 19 | 14 | 1 | 2 | 7 | 10 | 22 | 2 | 3 | 4 | 9 | 17 | |||