| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Cowdenbeath | 29 | 60 | 10 | 3 | 0 | 26 | 6 | 8 | 3 | 5 | 19 | 18 | |||
| 2 | Brechin City | 28 | 59 | 12 | 3 | 0 | 37 | 11 | 6 | 2 | 5 | 19 | 15 | |||
| 3 | 29 | 57 | 10 | 4 | 2 | 36 | 12 | 6 | 5 | 2 | 20 | 12 | ||||
| 4 | East Fife | 30 | 46 | 6 | 4 | 5 | 18 | 20 | 7 | 3 | 5 | 21 | 17 | |||
| 5 | Peterhead | 29 | 41 | 6 | 2 | 6 | 19 | 15 | 6 | 3 | 6 | 18 | 19 | |||
| 6 | Dumbarton | 31 | 38 | 6 | 0 | 9 | 23 | 24 | 5 | 5 | 6 | 17 | 20 | |||
| 7 | Albion Rovers | 29 | 36 | 3 | 4 | 8 | 13 | 20 | 7 | 2 | 5 | 18 | 16 | |||
| 8 | 31 | 34 | 4 | 4 | 8 | 11 | 23 | 5 | 3 | 7 | 20 | 34 | ||||
| 9 | Montrose | 27 | 21 | 1 | 5 | 7 | 9 | 17 | 4 | 1 | 9 | 14 | 31 | |||
| 10 | Elgin City | 29 | 15 | 1 | 2 | 11 | 12 | 29 | 2 | 4 | 9 | 11 | 22 | |||