| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Cowdenbeath | 35 | 73 | 13 | 3 | 1 | 36 | 12 | 9 | 4 | 5 | 20 | 18 | |||
| 2 | Brechin City | 35 | 72 | 13 | 3 | 2 | 42 | 17 | 9 | 3 | 5 | 28 | 17 | |||
| 3 | 34 | 70 | 11 | 5 | 2 | 40 | 13 | 9 | 5 | 2 | 29 | 16 | ||||
| 4 | East Fife | 35 | 50 | 7 | 4 | 6 | 20 | 22 | 7 | 4 | 7 | 25 | 23 | |||
| 5 | Peterhead | 34 | 47 | 7 | 4 | 6 | 23 | 18 | 6 | 4 | 7 | 20 | 25 | |||
| 6 | Albion Rovers | 35 | 45 | 4 | 6 | 8 | 16 | 22 | 8 | 3 | 6 | 22 | 20 | |||
| 7 | Dumbarton | 35 | 44 | 7 | 0 | 10 | 26 | 26 | 6 | 5 | 7 | 18 | 21 | |||
| 8 | 35 | 37 | 4 | 4 | 10 | 11 | 26 | 6 | 3 | 8 | 25 | 39 | ||||
| 9 | Montrose | 34 | 26 | 1 | 6 | 9 | 12 | 23 | 5 | 2 | 11 | 18 | 36 | |||
| 10 | Elgin City | 34 | 18 | 2 | 2 | 13 | 16 | 37 | 2 | 4 | 11 | 11 | 27 | |||