| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Stenhousemuir | 19 | 44 | 8 | 0 | 1 | 27 | 6 | 6 | 2 | 2 | 16 | 11 | |||
| 2 | Cowdenbeath | 18 | 36 | 6 | 0 | 2 | 19 | 9 | 6 | 0 | 4 | 14 | 6 | |||
| 3 | 18 | 36 | 5 | 2 | 2 | 15 | 8 | 6 | 1 | 2 | 15 | 9 | ||||
| 4 | East Fife | 19 | 29 | 6 | 2 | 2 | 15 | 13 | 3 | 0 | 6 | 11 | 18 | |||
| 5 | Queen's Park | 18 | 28 | 5 | 2 | 4 | 18 | 14 | 3 | 2 | 2 | 10 | 5 | |||
| 6 | Arbroath | 18 | 22 | 5 | 1 | 2 | 18 | 9 | 1 | 3 | 6 | 9 | 19 | |||
| 7 | Montrose | 19 | 19 | 4 | 0 | 5 | 9 | 9 | 1 | 4 | 5 | 11 | 17 | |||
| 8 | Elgin City | 18 | 18 | 2 | 5 | 3 | 12 | 14 | 2 | 1 | 5 | 7 | 14 | |||
| 9 | Albion Rovers | 17 | 15 | 0 | 3 | 5 | 6 | 17 | 3 | 3 | 3 | 12 | 13 | |||
| 10 | 18 | 9 | 2 | 2 | 5 | 9 | 14 | 0 | 1 | 8 | 8 | 36 | ||||