| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Brechin City | 23 | 52 | 8 | 3 | 1 | 25 | 10 | 8 | 1 | 2 | 22 | 15 | |||
| 2 | Peterhead | 24 | 39 | 6 | 3 | 3 | 24 | 18 | 6 | 0 | 6 | 20 | 19 | |||
| 3 | Dumbarton | 23 | 36 | 5 | 3 | 4 | 18 | 19 | 6 | 0 | 5 | 24 | 21 | |||
| 4 | Albion Rovers | 24 | 36 | 6 | 1 | 4 | 17 | 14 | 4 | 5 | 4 | 13 | 18 | |||
| 5 | Montrose | 24 | 34 | 5 | 0 | 6 | 16 | 16 | 5 | 4 | 4 | 15 | 14 | |||
| 6 | Elgin City | 24 | 31 | 7 | 1 | 4 | 19 | 13 | 2 | 3 | 7 | 8 | 17 | |||
| 7 | Stirling Albion | 23 | 29 | 4 | 4 | 3 | 18 | 18 | 3 | 4 | 5 | 18 | 26 | |||
| 8 | East Fife | 24 | 25 | 5 | 2 | 6 | 20 | 20 | 2 | 2 | 7 | 9 | 22 | |||
| 9 | 22 | 24 | 3 | 1 | 6 | 16 | 18 | 4 | 2 | 6 | 20 | 21 | ||||
| 10 | Queen's Park | 23 | 23 | 4 | 4 | 5 | 17 | 15 | 2 | 1 | 7 | 12 | 17 | |||