1903–04 Scottish Division Two
# 1903–04 Scottish Division Two

The 1903–04 Scottish Division Two was won by Hamilton Academical, with Ayr Parkhouse finishing bottom.

## Table

| Pos | Team | Pld | W | D | L | GF | GA | GD | Pts | Qualification |
| - | - | - | - | - | - | - | - | - | - | - |
| 1 | Hamilton Academical (C) | 22 | 16 | 5 | 1 | 56 | 19 | +37 | 37 | |
| 2 | Clyde | 22 | 12 | 5 | 5 | 51 | 36 | +15 | 29 | |
| 3 | Ayr | 22 | 11 | 6 | 5 | 34 | 31 | +3 | 28 | |
| 4 | Falkirk | 22 | 11 | 4 | 7 | 50 | 36 | +14 | 26 | |
| 5 | East Stirlingshire | 22 | 8 | 5 | 9 | 35 | 40 | −5 | 21 | |
| 5 | Raith Rovers | 22 | 8 | 5 | 9 | 40 | 38 | +2 | 21 | |
| 7 | Leith Athletic | 22 | 8 | 4 | 10 | 42 | 40 | +2 | 20 | |
| 7 | St Bernard's | 22 | 9 | 2 | 11 | 31 | 43 | −12 | 20 | |
| 9 | Albion Rovers | 22 | 8 | 5 | 9 | 47 | 37 | +10 | 19 | |
| 10 | Abercorn | 22 | 6 | 4 | 12 | 40 | 55 | −15 | 16 | |
| 11 | Arthurlie | 22 | 5 | 5 | 12 | 37 | 50 | −13 | 15 | |
| 12 | Ayr Parkhouse (R) | 22 | 3 | 4 | 15 | 24 | 62 | −38 | 10 | Did not apply for re-election |

* ↑ Albion Rovers were docked two points.
* ↑ Ayr Parkhouse did not apply for re-election to compete for the next season and were replaced by Aberdeen.
