| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Brechin City | 20 | 45 | 7 | 2 | 1 | 22 | 9 | 7 | 1 | 2 | 19 | 14 | |||
| 2 | Peterhead | 21 | 36 | 5 | 3 | 2 | 19 | 15 | 6 | 0 | 5 | 19 | 17 | |||
| 3 | Dumbarton | 20 | 33 | 4 | 3 | 4 | 15 | 18 | 6 | 0 | 3 | 24 | 16 | |||
| 4 | Montrose | 21 | 31 | 4 | 0 | 6 | 14 | 16 | 5 | 4 | 2 | 14 | 11 | |||
| 5 | Elgin City | 21 | 28 | 6 | 1 | 4 | 18 | 13 | 2 | 3 | 5 | 7 | 11 | |||
| 6 | Albion Rovers | 20 | 27 | 4 | 1 | 4 | 13 | 13 | 3 | 5 | 3 | 10 | 14 | |||
| 7 | Stirling Albion | 20 | 26 | 3 | 4 | 3 | 15 | 16 | 3 | 4 | 3 | 18 | 21 | |||
| 8 | East Fife | 20 | 21 | 4 | 2 | 5 | 17 | 17 | 2 | 1 | 6 | 8 | 19 | |||
| 9 | 19 | 18 | 1 | 1 | 6 | 11 | 17 | 4 | 2 | 5 | 20 | 19 | ||||
| 10 | Queen's Park | 20 | 17 | 2 | 4 | 5 | 12 | 15 | 2 | 1 | 6 | 10 | 14 | |||