| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Brechin City | 22 | 51 | 8 | 2 | 1 | 24 | 9 | 8 | 1 | 2 | 22 | 15 | |||
| 2 | Dumbarton | 22 | 36 | 5 | 3 | 4 | 18 | 19 | 6 | 0 | 4 | 24 | 17 | |||
| 3 | Peterhead | 23 | 36 | 5 | 3 | 3 | 20 | 18 | 6 | 0 | 6 | 20 | 19 | |||
| 4 | Montrose | 23 | 34 | 5 | 0 | 6 | 16 | 16 | 5 | 4 | 3 | 14 | 12 | |||
| 5 | Elgin City | 23 | 31 | 7 | 1 | 4 | 19 | 13 | 2 | 3 | 6 | 8 | 14 | |||
| 6 | Albion Rovers | 22 | 30 | 5 | 1 | 4 | 15 | 14 | 3 | 5 | 4 | 10 | 16 | |||
| 7 | Stirling Albion | 22 | 29 | 4 | 4 | 3 | 18 | 18 | 3 | 4 | 4 | 18 | 24 | |||
| 8 | East Fife | 22 | 24 | 5 | 2 | 5 | 18 | 17 | 2 | 1 | 7 | 8 | 21 | |||
| 9 | 21 | 21 | 2 | 1 | 6 | 14 | 17 | 4 | 2 | 6 | 20 | 21 | ||||
| 10 | Queen's Park | 22 | 20 | 3 | 4 | 5 | 14 | 15 | 2 | 1 | 7 | 12 | 17 | |||