| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | East Fife | 26 | 51 | 7 | 3 | 2 | 26 | 17 | 7 | 6 | 1 | 27 | 11 | |||
| 2 | Peterhead | 24 | 44 | 8 | 3 | 1 | 33 | 12 | 5 | 2 | 5 | 21 | 17 | |||
| 3 | Greenock Morton | 25 | 44 | 8 | 3 | 1 | 29 | 11 | 4 | 5 | 4 | 18 | 17 | |||
| 4 | Albion Rovers | 24 | 44 | 4 | 4 | 3 | 18 | 15 | 9 | 1 | 3 | 26 | 13 | |||
| 5 | Stirling Albion | 24 | 38 | 6 | 4 | 3 | 19 | 10 | 4 | 4 | 3 | 14 | 12 | |||
| 6 | 25 | 34 | 2 | 7 | 4 | 18 | 20 | 6 | 3 | 3 | 21 | 13 | ||||
| 7 | Queen's Park | 25 | 23 | 3 | 3 | 8 | 16 | 22 | 2 | 5 | 4 | 13 | 15 | |||
| 8 | Elgin City | 26 | 23 | 2 | 5 | 5 | 11 | 17 | 2 | 6 | 6 | 13 | 27 | |||
| 9 | Montrose | 25 | 22 | 3 | 4 | 6 | 11 | 22 | 1 | 6 | 5 | 12 | 22 | |||
| 10 | 26 | 12 | 0 | 4 | 9 | 9 | 33 | 2 | 2 | 9 | 14 | 43 | ||||