| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Cowdenbeath | 26 | 53 | 9 | 3 | 0 | 25 | 6 | 7 | 2 | 5 | 17 | 18 | |||
| 2 | Brechin City | 25 | 52 | 10 | 2 | 0 | 30 | 9 | 6 | 2 | 5 | 19 | 15 | |||
| 3 | 26 | 50 | 10 | 3 | 2 | 36 | 12 | 4 | 5 | 2 | 15 | 11 | ||||
| 4 | East Fife | 27 | 43 | 6 | 4 | 4 | 17 | 16 | 6 | 3 | 4 | 18 | 15 | |||
| 5 | Peterhead | 26 | 40 | 6 | 2 | 5 | 19 | 14 | 6 | 2 | 5 | 17 | 17 | |||
| 6 | Albion Rovers | 27 | 33 | 3 | 4 | 7 | 13 | 19 | 6 | 2 | 5 | 16 | 15 | |||
| 7 | Dumbarton | 28 | 32 | 6 | 0 | 8 | 22 | 22 | 3 | 5 | 6 | 14 | 19 | |||
| 8 | 28 | 31 | 3 | 4 | 7 | 10 | 21 | 5 | 3 | 6 | 19 | 29 | ||||
| 9 | Elgin City | 25 | 15 | 1 | 2 | 8 | 10 | 22 | 2 | 4 | 8 | 11 | 21 | |||
| 10 | Montrose | 24 | 15 | 1 | 5 | 6 | 8 | 15 | 2 | 1 | 9 | 10 | 30 | |||