| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Queen's Park | 27 | 48 | 8 | 2 | 4 | 24 | 19 | 5 | 7 | 1 | 17 | 11 | |||
| 2 | Forfar Athletic | 26 | 47 | 8 | 4 | 1 | 30 | 13 | 5 | 4 | 4 | 23 | 19 | |||
| 3 | 24 | 43 | 4 | 5 | 4 | 13 | 12 | 8 | 2 | 1 | 24 | 9 | ||||
| 4 | Cowdenbeath | 27 | 42 | 5 | 4 | 4 | 24 | 14 | 7 | 2 | 5 | 21 | 16 | |||
| 5 | East Fife | 25 | 40 | 6 | 4 | 3 | 14 | 11 | 6 | 0 | 6 | 16 | 18 | |||
| 6 | Dumbarton | 25 | 37 | 4 | 4 | 3 | 18 | 17 | 7 | 0 | 7 | 24 | 24 | |||
| 7 | 26 | 32 | 4 | 2 | 7 | 11 | 21 | 5 | 3 | 5 | 11 | 13 | ||||
| 8 | Brechin City | 26 | 26 | 4 | 1 | 7 | 18 | 18 | 3 | 4 | 7 | 12 | 22 | |||
| 9 | Montrose | 26 | 26 | 4 | 1 | 9 | 15 | 25 | 3 | 4 | 5 | 14 | 17 | |||
| 10 | Albion Rovers | 26 | 17 | 2 | 2 | 9 | 13 | 26 | 2 | 3 | 8 | 14 | 31 | |||