| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Queen's Park | 28 | 55 | 9 | 5 | 0 | 23 | 6 | 6 | 5 | 3 | 19 | 14 | |||
| 2 | Albion Rovers | 31 | 51 | 6 | 5 | 4 | 19 | 13 | 7 | 7 | 2 | 22 | 10 | |||
| 3 | Arbroath | 31 | 45 | 6 | 7 | 3 | 24 | 14 | 5 | 5 | 5 | 24 | 20 | |||
| 4 | Annan Athletic | 32 | 43 | 8 | 5 | 3 | 25 | 17 | 2 | 8 | 6 | 12 | 17 | |||
| 5 | 31 | 39 | 4 | 3 | 7 | 14 | 20 | 6 | 6 | 5 | 13 | 19 | ||||
| 6 | Elgin City | 35 | 38 | 4 | 11 | 6 | 17 | 20 | 3 | 6 | 5 | 16 | 19 | |||
| 7 | Clyde | 31 | 35 | 4 | 6 | 6 | 14 | 19 | 4 | 5 | 6 | 14 | 21 | |||
| 8 | 31 | 32 | 4 | 8 | 3 | 23 | 17 | 2 | 6 | 8 | 11 | 18 | ||||
| 9 | Montrose | 31 | 26 | 3 | 2 | 9 | 14 | 29 | 2 | 9 | 6 | 13 | 28 | |||
| 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 | |||