| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Queen's Park | 25 | 49 | 8 | 5 | 0 | 22 | 6 | 5 | 5 | 2 | 16 | 10 | |||
| 2 | Albion Rovers | 28 | 42 | 5 | 5 | 4 | 16 | 13 | 5 | 7 | 2 | 17 | 9 | |||
| 3 | Annan Athletic | 28 | 42 | 8 | 5 | 2 | 24 | 14 | 2 | 7 | 4 | 9 | 12 | |||
| 4 | Arbroath | 27 | 41 | 5 | 6 | 2 | 18 | 9 | 5 | 5 | 4 | 24 | 17 | |||
| 5 | Elgin City | 29 | 33 | 3 | 10 | 3 | 10 | 11 | 3 | 5 | 5 | 13 | 16 | |||
| 6 | 28 | 30 | 4 | 7 | 2 | 21 | 13 | 2 | 5 | 8 | 11 | 18 | ||||
| 7 | Clyde | 26 | 28 | 2 | 5 | 6 | 10 | 18 | 4 | 5 | 4 | 13 | 16 | |||
| 8 | 26 | 26 | 2 | 3 | 7 | 9 | 19 | 4 | 5 | 5 | 9 | 17 | ||||
| 9 | Montrose | 28 | 23 | 2 | 2 | 9 | 11 | 29 | 2 | 9 | 4 | 13 | 23 | |||
| 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 | |||