| # | Team | MP | W | D | L | G | GD | Pts | Form |
|---|---|---|---|---|---|---|---|---|---|
| 1. | Forfar Athletic | 18 | 10 | 5 | 3 | 39:18 | 21 | 35 | |
| 2. | Queen's Park | 18 | 11 | 2 | 5 | 28:20 | 8 | 35 | |
| 3. | East Fife | 18 | 9 | 6 | 3 | 24:16 | 8 | 33 | |
| 4. | Dumbarton | 18 | 7 | 7 | 4 | 26:22 | 4 | 28 | |
| 5. | Berwick | 18 | 7 | 6 | 5 | 20:14 | 6 | 27 | |
| 6. | Cowdenbeath | 18 | 6 | 5 | 7 | 30:23 | 7 | 23 | |
| 7. | Brechin | 18 | 6 | 3 | 9 | 25:25 | 0 | 21 | |
| 8. | East Stirlingshire | 18 | 6 | 2 | 10 | 15:27 | -12 | 20 | |
| 9. | Montrose | 18 | 5 | 2 | 11 | 19:31 | -12 | 17 | |
| 10. | Albion Rovers | 18 | 2 | 3 | 13 | 13:35 | -22 | 9 |