| # | Team | MP | W | D | L | G | GD | Pts | Form |
|---|---|---|---|---|---|---|---|---|---|
| 1. | Hamilton | 18 | 11 | 5 | 2 | 35:17 | 18 | 38 | |
| 2. | Cowdenbeath | 18 | 9 | 4 | 5 | 20:18 | 2 | 31 | |
| 3. | Brechin | 18 | 9 | 3 | 6 | 29:19 | 10 | 30 | |
| 4. | Albion Rovers | 18 | 8 | 3 | 7 | 22:21 | 1 | 27 | |
| 5. | East Fife | 18 | 7 | 4 | 7 | 25:23 | 2 | 25 | |
| 6. | Dumbarton | 18 | 6 | 5 | 7 | 18:21 | -3 | 23 | |
| 7. | Peterhead | 18 | 6 | 5 | 7 | 22:27 | -5 | 23 | |
| 8. | East Stirlingshire | 18 | 6 | 3 | 9 | 26:43 | -17 | 21 | |
| 9. | Montrose | 18 | 5 | 2 | 11 | 18:36 | -18 | 17 | |
| 10. | Elgin City | 18 | 2 | 5 | 11 | 12:28 | -16 | 11 |