| # | Team | MP | W/W | W/D | W/L | D/W | D/D | D/L | L/W | L/D | L/L | Pts |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | East Fife | 18 | 0 | 0 | 0 | 14 | 2 | 2 | 0 | 0 | 0 | 44 |
| 2. | Stranraer | 18 | 0 | 0 | 0 | 9 | 5 | 4 | 0 | 0 | 0 | 32 |
| 3. | Montrose | 18 | 0 | 0 | 0 | 8 | 5 | 5 | 0 | 0 | 0 | 29 |
| 4. | Arbroath | 18 | 0 | 0 | 0 | 8 | 3 | 7 | 0 | 0 | 0 | 27 |
| 5. | Stenhousemuir | 18 | 0 | 0 | 0 | 7 | 4 | 7 | 0 | 0 | 0 | 25 |
| 6. | Albion Rovers | 18 | 0 | 0 | 0 | 5 | 3 | 10 | 0 | 0 | 0 | 18 |
| 7. | Elgin City | 18 | 0 | 0 | 0 | 4 | 6 | 8 | 0 | 0 | 0 | 18 |
| 8. | East Stirlingshire | 18 | 0 | 0 | 0 | 4 | 1 | 13 | 0 | 0 | 0 | 13 |
| 9. | Forfar Athletic | 18 | 0 | 0 | 0 | 2 | 6 | 10 | 0 | 0 | 0 | 12 |
| 10. | Dumbarton | 18 | 0 | 0 | 0 | 2 | 5 | 11 | 0 | 0 | 0 | 11 |