| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Brechin City | 34 | 69 | 11 | 4 | 2 | 36 | 13 | 10 | 2 | 5 | 28 | 23 | |||
| 2 | Dumbarton | 34 | 57 | 9 | 3 | 4 | 26 | 21 | 8 | 3 | 7 | 29 | 26 | |||
| 3 | Albion Rovers | 34 | 55 | 8 | 4 | 5 | 26 | 21 | 7 | 6 | 4 | 20 | 19 | |||
| 4 | Peterhead | 34 | 53 | 8 | 4 | 5 | 33 | 25 | 8 | 1 | 8 | 27 | 23 | |||
| 5 | Montrose | 34 | 52 | 8 | 2 | 7 | 23 | 20 | 7 | 5 | 5 | 17 | 16 | |||
| 6 | Elgin City | 34 | 46 | 9 | 3 | 5 | 26 | 19 | 4 | 4 | 9 | 17 | 25 | |||
| 7 | 33 | 37 | 7 | 1 | 8 | 24 | 24 | 4 | 3 | 10 | 24 | 29 | ||||
| 8 | Stirling Albion | 34 | 37 | 6 | 4 | 7 | 23 | 26 | 3 | 6 | 8 | 21 | 37 | |||
| 9 | East Fife | 33 | 36 | 6 | 3 | 8 | 22 | 25 | 4 | 3 | 9 | 13 | 27 | |||
| 10 | Queen's Park | 34 | 31 | 4 | 6 | 8 | 17 | 21 | 4 | 1 | 11 | 19 | 31 | |||