| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Brechin City | 27 | 59 | 9 | 3 | 1 | 27 | 10 | 9 | 2 | 3 | 24 | 17 | |||
| 2 | Dumbarton | 27 | 44 | 7 | 3 | 4 | 22 | 21 | 6 | 2 | 5 | 25 | 22 | |||
| 3 | Peterhead | 27 | 43 | 6 | 4 | 3 | 25 | 19 | 7 | 0 | 7 | 23 | 21 | |||
| 4 | Albion Rovers | 28 | 43 | 7 | 2 | 5 | 23 | 19 | 5 | 5 | 4 | 16 | 18 | |||
| 5 | Montrose | 29 | 42 | 7 | 2 | 6 | 22 | 19 | 5 | 4 | 5 | 15 | 16 | |||
| 6 | Elgin City | 27 | 33 | 7 | 2 | 4 | 21 | 15 | 2 | 4 | 8 | 13 | 24 | |||
| 7 | Stirling Albion | 27 | 33 | 5 | 4 | 5 | 21 | 22 | 3 | 5 | 5 | 19 | 27 | |||
| 8 | East Fife | 28 | 33 | 6 | 3 | 6 | 22 | 21 | 3 | 3 | 7 | 11 | 23 | |||
| 9 | 26 | 28 | 4 | 1 | 6 | 19 | 19 | 4 | 3 | 8 | 23 | 26 | ||||
| 10 | Queen's Park | 28 | 24 | 4 | 5 | 6 | 17 | 18 | 2 | 1 | 10 | 14 | 25 | |||