| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | 29 | 59 | 11 | 2 | 3 | 28 | 14 | 8 | 0 | 5 | 15 | 12 | ||||
| 2 | Queen's Park | 30 | 56 | 9 | 3 | 3 | 27 | 12 | 8 | 2 | 5 | 22 | 12 | |||
| 3 | Arbroath | 28 | 55 | 6 | 4 | 4 | 18 | 14 | 11 | 0 | 3 | 30 | 11 | |||
| 4 | East Fife | 29 | 49 | 7 | 4 | 3 | 21 | 12 | 7 | 3 | 5 | 23 | 18 | |||
| 5 | Dumbarton | 28 | 44 | 9 | 2 | 2 | 25 | 10 | 4 | 3 | 8 | 16 | 20 | |||
| 6 | Stenhousemuir | 30 | 41 | 8 | 1 | 7 | 31 | 26 | 4 | 4 | 6 | 13 | 22 | |||
| 7 | Albion Rovers | 30 | 39 | 6 | 2 | 5 | 26 | 22 | 5 | 4 | 8 | 23 | 31 | |||
| 8 | Montrose | 30 | 28 | 5 | 2 | 9 | 16 | 23 | 3 | 2 | 9 | 17 | 31 | |||
| 9 | Elgin City | 30 | 25 | 6 | 0 | 9 | 22 | 26 | 2 | 1 | 12 | 15 | 35 | |||
| 10 | 28 | 21 | 3 | 1 | 10 | 10 | 26 | 3 | 2 | 9 | 11 | 32 | ||||