| # | Team | MP | W/W | W/D | W/L | D/W | D/D | D/L | L/W | L/D | L/L | Pts |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | Albion Rovers | 18 | 9 | 0 | 0 | 2 | 2 | 1 | 1 | 0 | 3 | 38 |
| 2. | Queen's Park | 18 | 6 | 0 | 0 | 1 | 4 | 2 | 0 | 2 | 3 | 27 |
| 3. | Clyde | 18 | 3 | 1 | 0 | 4 | 3 | 2 | 0 | 0 | 5 | 25 |
| 4. | Arbroath | 18 | 3 | 1 | 0 | 3 | 1 | 4 | 1 | 1 | 4 | 24 |
| 5. | East Fife | 18 | 4 | 1 | 1 | 2 | 0 | 4 | 1 | 1 | 4 | 23 |
| 6. | East Stirlingshire | 18 | 2 | 0 | 0 | 4 | 2 | 1 | 0 | 1 | 8 | 21 |
| 7. | Elgin City | 18 | 3 | 1 | 1 | 2 | 3 | 3 | 0 | 1 | 4 | 20 |
| 8. | Berwick | 18 | 4 | 2 | 0 | 2 | 0 | 6 | 0 | 0 | 4 | 20 |
| 9. | Annan | 18 | 0 | 0 | 2 | 3 | 3 | 3 | 0 | 3 | 4 | 15 |
| 10. | Montrose | 18 | 1 | 0 | 0 | 2 | 2 | 1 | 0 | 3 | 9 | 14 |