| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Brechin City | 30 | 68 | 11 | 3 | 1 | 35 | 11 | 10 | 2 | 3 | 27 | 18 | |||
| 2 | Peterhead | 29 | 49 | 7 | 4 | 3 | 27 | 20 | 8 | 0 | 7 | 26 | 21 | |||
| 3 | Dumbarton | 29 | 48 | 7 | 3 | 4 | 22 | 21 | 7 | 3 | 5 | 28 | 23 | |||
| 4 | Montrose | 30 | 45 | 7 | 2 | 6 | 22 | 19 | 6 | 4 | 5 | 16 | 16 | |||
| 5 | Albion Rovers | 29 | 44 | 7 | 3 | 5 | 24 | 20 | 5 | 5 | 4 | 16 | 18 | |||
| 6 | Elgin City | 29 | 36 | 7 | 2 | 5 | 21 | 18 | 3 | 4 | 8 | 14 | 24 | |||
| 7 | East Fife | 29 | 33 | 6 | 3 | 7 | 22 | 22 | 3 | 3 | 7 | 11 | 23 | |||
| 8 | Stirling Albion | 30 | 33 | 5 | 4 | 7 | 22 | 26 | 3 | 5 | 6 | 20 | 30 | |||
| 9 | 27 | 28 | 4 | 1 | 6 | 19 | 19 | 4 | 3 | 9 | 24 | 28 | ||||
| 10 | Queen's Park | 30 | 24 | 4 | 5 | 7 | 17 | 20 | 2 | 1 | 11 | 14 | 30 | |||