| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Brechin City | 26 | 56 | 8 | 3 | 1 | 25 | 10 | 9 | 2 | 3 | 24 | 17 | |||
| 2 | Peterhead | 27 | 43 | 6 | 4 | 3 | 25 | 19 | 7 | 0 | 7 | 23 | 21 | |||
| 3 | Montrose | 28 | 42 | 7 | 2 | 6 | 22 | 19 | 5 | 4 | 4 | 15 | 14 | |||
| 4 | Dumbarton | 26 | 41 | 6 | 3 | 4 | 20 | 20 | 6 | 2 | 5 | 25 | 22 | |||
| 5 | Albion Rovers | 27 | 40 | 7 | 2 | 5 | 23 | 19 | 4 | 5 | 4 | 13 | 18 | |||
| 6 | Elgin City | 27 | 33 | 7 | 2 | 4 | 21 | 15 | 2 | 4 | 8 | 13 | 24 | |||
| 7 | Stirling Albion | 25 | 32 | 5 | 4 | 4 | 21 | 21 | 3 | 4 | 5 | 18 | 26 | |||
| 8 | East Fife | 26 | 29 | 6 | 2 | 6 | 21 | 20 | 2 | 3 | 7 | 10 | 23 | |||
| 9 | 25 | 28 | 4 | 1 | 6 | 19 | 19 | 4 | 3 | 7 | 22 | 24 | ||||
| 10 | Queen's Park | 27 | 24 | 4 | 5 | 5 | 17 | 15 | 2 | 1 | 10 | 14 | 25 | |||