| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | 35 | 75 | 12 | 3 | 3 | 29 | 14 | 12 | 0 | 5 | 22 | 13 | ||||
| 2 | Arbroath | 35 | 70 | 9 | 4 | 4 | 26 | 17 | 13 | 0 | 5 | 34 | 13 | |||
| 3 | Queen's Park | 35 | 65 | 12 | 3 | 3 | 33 | 13 | 8 | 2 | 7 | 22 | 14 | |||
| 4 | East Fife | 35 | 64 | 10 | 4 | 4 | 26 | 15 | 9 | 3 | 5 | 30 | 21 | |||
| 5 | Dumbarton | 35 | 59 | 12 | 2 | 3 | 29 | 13 | 6 | 3 | 9 | 22 | 22 | |||
| 6 | Albion Rovers | 35 | 45 | 7 | 2 | 8 | 28 | 28 | 6 | 4 | 8 | 26 | 32 | |||
| 7 | Stenhousemuir | 35 | 41 | 8 | 1 | 8 | 34 | 31 | 4 | 4 | 10 | 17 | 32 | |||
| 8 | Montrose | 35 | 34 | 6 | 2 | 10 | 20 | 27 | 4 | 2 | 11 | 20 | 35 | |||
| 9 | Elgin City | 35 | 29 | 7 | 0 | 10 | 24 | 28 | 2 | 2 | 14 | 15 | 39 | |||
| 10 | 35 | 21 | 3 | 1 | 14 | 11 | 37 | 3 | 2 | 12 | 15 | 39 | ||||