| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Queen's Park | 32 | 60 | 10 | 5 | 1 | 25 | 7 | 6 | 7 | 3 | 22 | 17 | |||
| 2 | Albion Rovers | 36 | 60 | 7 | 5 | 5 | 21 | 16 | 9 | 7 | 3 | 25 | 11 | |||
| 3 | Elgin City | 40 | 49 | 5 | 13 | 6 | 22 | 24 | 5 | 6 | 5 | 21 | 19 | |||
| 4 | Annan Athletic | 36 | 47 | 9 | 5 | 4 | 28 | 20 | 2 | 9 | 7 | 13 | 20 | |||
| 5 | Arbroath | 36 | 46 | 6 | 8 | 4 | 25 | 17 | 5 | 5 | 8 | 25 | 25 | |||
| 6 | 35 | 43 | 5 | 3 | 8 | 15 | 21 | 6 | 7 | 6 | 15 | 22 | ||||
| 7 | Clyde | 35 | 42 | 5 | 6 | 7 | 15 | 21 | 5 | 6 | 6 | 15 | 21 | |||
| 8 | 37 | 41 | 4 | 10 | 3 | 24 | 18 | 4 | 7 | 9 | 20 | 24 | ||||
| 9 | Montrose | 35 | 30 | 3 | 3 | 10 | 16 | 33 | 3 | 9 | 7 | 14 | 31 | |||
| 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 | |||