| # | Team | MP | W | D | L | G | GD | Pts | Form |
|---|---|---|---|---|---|---|---|---|---|
| 1. | Berwick | 18 | 12 | 3 | 3 | 33:16 | 17 | 39 | |
| 2. | Queen's Park | 18 | 9 | 7 | 2 | 26:17 | 9 | 34 | |
| 3. | Cowdenbeath | 18 | 9 | 4 | 5 | 29:20 | 9 | 31 | |
| 4. | Forfar Athletic | 18 | 7 | 5 | 6 | 25:22 | 3 | 26 | |
| 5. | East Fife | 18 | 8 | 2 | 8 | 21:23 | -2 | 26 | |
| 6. | Dumbarton | 18 | 8 | 1 | 9 | 27:29 | -2 | 25 | |
| 7. | Montrose | 18 | 5 | 5 | 8 | 20:23 | -3 | 20 | |
| 8. | East Stirlingshire | 18 | 5 | 5 | 8 | 13:23 | -10 | 20 | |
| 9. | Brechin | 18 | 4 | 5 | 9 | 17:26 | -9 | 17 | |
| 10. | Albion Rovers | 18 | 3 | 4 | 11 | 20:40 | -20 | 13 |