| # | Team | MP | W/W | W/D | W/L | D/W | D/D | D/L | L/W | L/D | L/L | Pts |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | Falkirk | 14 | 8 | 0 | 0 | 2 | 1 | 1 | 0 | 1 | 1 | 32 |
| 2. | Raith | 14 | 7 | 0 | 0 | 2 | 3 | 0 | 0 | 1 | 1 | 31 |
| 3. | Montrose | 14 | 9 | 0 | 0 | 0 | 0 | 2 | 0 | 0 | 3 | 27 |
| 4. | Clyde | 14 | 5 | 1 | 0 | 2 | 1 | 1 | 0 | 2 | 2 | 25 |
| 5. | Airdrieonians | 15 | 5 | 0 | 0 | 1 | 3 | 2 | 1 | 1 | 2 | 25 |
| 6. | East Fife | 14 | 5 | 1 | 0 | 1 | 3 | 0 | 0 | 2 | 2 | 24 |
| 7. | Dumbarton | 14 | 2 | 1 | 1 | 4 | 2 | 2 | 0 | 0 | 2 | 21 |
| 8. | Peterhead | 14 | 3 | 0 | 1 | 2 | 4 | 2 | 0 | 0 | 2 | 19 |
| 9. | Forfar Athletic | 14 | 3 | 2 | 5 | 1 | 1 | 0 | 0 | 0 | 2 | 15 |
| 10. | Stranraer | 12 | 2 | 1 | 0 | 0 | 1 | 3 | 0 | 2 | 3 | 10 |