| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Queen's Park | 19 | 39 | 5 | 4 | 0 | 13 | 2 | 5 | 5 | 0 | 15 | 6 | |||
| 2 | Arbroath | 21 | 38 | 5 | 4 | 2 | 17 | 8 | 5 | 4 | 1 | 21 | 9 | |||
| 3 | Albion Rovers | 21 | 35 | 4 | 4 | 1 | 12 | 6 | 4 | 7 | 1 | 13 | 4 | |||
| 4 | Annan Athletic | 22 | 29 | 5 | 5 | 2 | 16 | 12 | 1 | 6 | 3 | 5 | 9 | |||
| 5 | 21 | 25 | 3 | 6 | 1 | 15 | 7 | 2 | 4 | 5 | 7 | 10 | ||||
| 6 | Elgin City | 22 | 19 | 0 | 9 | 3 | 2 | 10 | 2 | 4 | 4 | 10 | 14 | |||
| 7 | Montrose | 22 | 19 | 1 | 2 | 7 | 6 | 21 | 2 | 8 | 2 | 9 | 12 | |||
| 8 | Clyde | 20 | 18 | 2 | 3 | 6 | 9 | 17 | 2 | 3 | 4 | 8 | 14 | |||
| 9 | 19 | 18 | 1 | 3 | 5 | 6 | 14 | 3 | 3 | 4 | 7 | 15 | ||||
| 10 | Stirling Albion | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| 11 | Peterhead | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||