| # | Team | MP | W/W | W/D | W/L | D/W | D/D | D/L | L/W | L/D | L/L | Pts |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | Brechin | 36 | 5 | 2 | 0 | 16 | 4 | 5 | 1 | 1 | 2 | 73 |
| 2. | Dumbarton | 36 | 4 | 0 | 0 | 14 | 7 | 7 | 0 | 0 | 4 | 61 |
| 3. | Albion Rovers | 36 | 5 | 0 | 0 | 10 | 10 | 7 | 1 | 1 | 2 | 59 |
| 4. | Peterhead | 36 | 3 | 0 | 0 | 14 | 3 | 10 | 0 | 2 | 4 | 56 |
| 5. | Montrose | 36 | 4 | 0 | 1 | 12 | 7 | 8 | 0 | 0 | 4 | 55 |
| 6. | Elgin City | 36 | 5 | 1 | 0 | 8 | 7 | 10 | 0 | 0 | 5 | 47 |
| 7. | East Stirlingshire | 36 | 4 | 0 | 1 | 7 | 4 | 13 | 1 | 0 | 6 | 40 |
| 8. | East Fife | 36 | 4 | 3 | 0 | 7 | 3 | 13 | 0 | 1 | 5 | 40 |
| 9. | Stirling | 36 | 3 | 0 | 1 | 6 | 9 | 10 | 0 | 1 | 6 | 37 |
| 10. | Queen's Park | 36 | 4 | 0 | 0 | 5 | 8 | 16 | 0 | 0 | 3 | 35 |