| # | Team | MP | W/W | W/D | W/L | D/W | D/D | D/L | L/W | L/D | L/L | Pts |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | Raith | 28 | 9 | 3 | 0 | 5 | 3 | 2 | 1 | 2 | 3 | 53 |
| 2. | Falkirk | 28 | 12 | 2 | 0 | 2 | 6 | 1 | 0 | 2 | 3 | 52 |
| 3. | Airdrieonians | 28 | 7 | 1 | 0 | 5 | 4 | 2 | 2 | 1 | 6 | 48 |
| 4. | Montrose | 28 | 13 | 0 | 0 | 1 | 1 | 4 | 1 | 1 | 7 | 47 |
| 5. | East Fife | 28 | 8 | 1 | 0 | 3 | 5 | 2 | 1 | 3 | 5 | 45 |
| 6. | Dumbarton | 28 | 4 | 2 | 1 | 5 | 3 | 4 | 2 | 0 | 7 | 38 |
| 7. | Clyde | 28 | 5 | 1 | 1 | 3 | 4 | 3 | 1 | 2 | 8 | 34 |
| 8. | Peterhead | 27 | 5 | 0 | 1 | 2 | 5 | 3 | 0 | 0 | 11 | 26 |
| 9. | Forfar Athletic | 28 | 4 | 2 | 5 | 2 | 4 | 2 | 0 | 0 | 9 | 24 |
| 10. | Stranraer | 27 | 2 | 3 | 0 | 0 | 3 | 5 | 0 | 4 | 10 | 16 |