Pos	Team	Pld	Pts	GD	W	D	L	F	A
1	Brechin City	39	55	+39	21	13	5	77	38
2	Meadowbank Thistle	39	54	+20	23	8	8	65	45
3	Arbroath	39	49	+27	21	7	11	78	51
4	Forfar Athletic	39	48	+20	18	12	9	58	38
5	Stirling Albion	39	46	+16	18	10	11	57	41
6	East Fife	39	43	+25	16	11	12	68	43
7	Queen of the South	39	42	+20	17	8	14	75	55
8	Cowdenbeath	39	38	+1	13	12	14	54	53
9	Berwick Rangers	39	36	-13	13	10	16	47	60
10	Albion Rovers	39	34	-11	14	6	19	55	66
11	Stenhousemuir	39	29	-23	7	15	17	43	66
12	Stranraer	39	27	-34	10	7	22	46	80
13		39	23	-38	7	9	23	41	79
14	Montrose	39	22	-49	8	6	25	37	86

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