written by John Punshon
Source: The Age, July 25, 1939, p.4
Note: Coburgšs goals for-goals against record is given as 23-24, but their results indicate that this should be 24-25.

Final Table
Team	P	W	D	L	GF	GA	Pts
South Melbourne United	14	11	2	1	52	12	24
South Melbourne	14	8	5	1	51	20	21
Heidelberg	14	9	1	4	62	30	19
University High School Old Boys	14	9	1	4	36	25	19
Coburg	14	5	2	7	24	25	12
Sandringham	14	4	2	8	24	30	10
Air Force	14	2	1	11	31	75	5
Box Hill	14	0	2	12	17	80	2