| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | 26 | 53 | 9 | 2 | 2 | 24 | 11 | 8 | 0 | 5 | 15 | 12 | ||||
| 2 | Queen's Park | 28 | 50 | 9 | 3 | 3 | 27 | 12 | 6 | 2 | 5 | 18 | 12 | |||
| 3 | Arbroath | 25 | 48 | 5 | 3 | 4 | 14 | 11 | 10 | 0 | 3 | 25 | 10 | |||
| 4 | East Fife | 27 | 46 | 7 | 4 | 3 | 21 | 12 | 6 | 3 | 4 | 21 | 16 | |||
| 5 | Dumbarton | 24 | 42 | 9 | 1 | 2 | 24 | 9 | 4 | 2 | 6 | 12 | 11 | |||
| 6 | Albion Rovers | 28 | 38 | 6 | 1 | 5 | 24 | 20 | 5 | 4 | 7 | 23 | 28 | |||
| 7 | Stenhousemuir | 26 | 34 | 7 | 1 | 7 | 26 | 25 | 3 | 3 | 5 | 10 | 19 | |||
| 8 | Montrose | 28 | 27 | 5 | 2 | 8 | 16 | 21 | 3 | 1 | 9 | 15 | 29 | |||
| 9 | 25 | 21 | 3 | 1 | 7 | 9 | 18 | 3 | 2 | 9 | 11 | 32 | ||||
| 10 | Elgin City | 27 | 19 | 4 | 0 | 9 | 17 | 25 | 2 | 1 | 11 | 14 | 33 | |||