| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | 25 | 50 | 9 | 2 | 2 | 24 | 11 | 7 | 0 | 5 | 13 | 11 | ||||
| 2 | Queen's Park | 27 | 47 | 8 | 3 | 3 | 22 | 12 | 6 | 2 | 5 | 18 | 12 | |||
| 3 | Arbroath | 24 | 45 | 5 | 3 | 4 | 14 | 11 | 9 | 0 | 3 | 24 | 10 | |||
| 4 | East Fife | 26 | 43 | 6 | 4 | 3 | 18 | 11 | 6 | 3 | 4 | 21 | 16 | |||
| 5 | Dumbarton | 23 | 42 | 9 | 1 | 1 | 23 | 7 | 4 | 2 | 6 | 12 | 11 | |||
| 6 | Albion Rovers | 27 | 38 | 6 | 1 | 5 | 24 | 20 | 5 | 4 | 6 | 23 | 23 | |||
| 7 | Stenhousemuir | 25 | 33 | 7 | 0 | 7 | 25 | 24 | 3 | 3 | 5 | 10 | 19 | |||
| 8 | Montrose | 27 | 27 | 5 | 2 | 7 | 16 | 20 | 3 | 1 | 9 | 15 | 29 | |||
| 9 | 24 | 20 | 3 | 1 | 7 | 9 | 18 | 3 | 1 | 9 | 10 | 31 | ||||
| 10 | Elgin City | 26 | 19 | 4 | 0 | 9 | 17 | 25 | 2 | 1 | 10 | 13 | 30 | |||