| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Queen's Park | 36 | 69 | 11 | 2 | 5 | 28 | 20 | 9 | 7 | 2 | 26 | 17 | |||
| 2 | 36 | 66 | 7 | 6 | 5 | 20 | 14 | 12 | 3 | 3 | 33 | 16 | ||||
| 3 | Forfar Athletic | 36 | 61 | 10 | 5 | 3 | 39 | 18 | 7 | 5 | 6 | 25 | 22 | |||
| 4 | East Fife | 36 | 59 | 9 | 6 | 3 | 24 | 16 | 8 | 2 | 8 | 21 | 23 | |||
| 5 | Cowdenbeath | 36 | 54 | 6 | 5 | 7 | 30 | 23 | 9 | 4 | 5 | 29 | 20 | |||
| 6 | Dumbarton | 36 | 53 | 7 | 7 | 4 | 26 | 22 | 8 | 1 | 9 | 27 | 29 | |||
| 7 | 36 | 40 | 6 | 2 | 10 | 15 | 27 | 5 | 5 | 8 | 13 | 23 | ||||
| 8 | Brechin City | 36 | 38 | 6 | 3 | 9 | 25 | 25 | 4 | 5 | 9 | 17 | 26 | |||
| 9 | Montrose | 36 | 37 | 5 | 2 | 11 | 19 | 31 | 5 | 5 | 8 | 20 | 23 | |||
| 10 | Albion Rovers | 36 | 22 | 2 | 3 | 13 | 13 | 35 | 3 | 4 | 11 | 20 | 40 | |||