| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Cowdenbeath | 34 | 72 | 13 | 3 | 1 | 36 | 12 | 9 | 3 | 5 | 20 | 18 | |||
| 2 | 33 | 67 | 10 | 5 | 2 | 37 | 13 | 9 | 5 | 2 | 29 | 16 | ||||
| 3 | Brechin City | 33 | 66 | 12 | 3 | 2 | 41 | 17 | 8 | 3 | 5 | 25 | 16 | |||
| 4 | East Fife | 34 | 50 | 7 | 4 | 6 | 20 | 22 | 7 | 4 | 6 | 24 | 21 | |||
| 5 | Peterhead | 33 | 44 | 6 | 4 | 6 | 21 | 17 | 6 | 4 | 7 | 20 | 25 | |||
| 6 | Dumbarton | 34 | 44 | 7 | 0 | 10 | 26 | 26 | 6 | 5 | 6 | 18 | 20 | |||
| 7 | Albion Rovers | 34 | 44 | 4 | 5 | 8 | 16 | 22 | 8 | 3 | 6 | 22 | 20 | |||
| 8 | 34 | 37 | 4 | 4 | 9 | 11 | 25 | 6 | 3 | 8 | 25 | 39 | ||||
| 9 | Montrose | 32 | 23 | 1 | 6 | 8 | 11 | 20 | 4 | 2 | 11 | 17 | 36 | |||
| 10 | Elgin City | 33 | 18 | 2 | 2 | 13 | 16 | 37 | 2 | 4 | 10 | 11 | 24 | |||