| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | East Fife | 33 | 65 | 9 | 4 | 3 | 34 | 20 | 9 | 7 | 1 | 34 | 15 | |||
| 2 | Peterhead | 33 | 64 | 13 | 3 | 1 | 49 | 15 | 6 | 4 | 6 | 25 | 21 | |||
| 3 | Greenock Morton | 33 | 63 | 11 | 4 | 1 | 36 | 14 | 7 | 5 | 5 | 22 | 19 | |||
| 4 | Albion Rovers | 33 | 63 | 7 | 6 | 3 | 26 | 18 | 11 | 3 | 3 | 31 | 16 | |||
| 5 | Stirling Albion | 33 | 55 | 9 | 4 | 4 | 24 | 13 | 6 | 6 | 4 | 23 | 24 | |||
| 6 | 33 | 39 | 3 | 8 | 6 | 24 | 26 | 6 | 4 | 6 | 23 | 18 | ||||
| 7 | Queen's Park | 33 | 30 | 3 | 4 | 10 | 20 | 28 | 4 | 5 | 7 | 18 | 21 | |||
| 8 | Montrose | 33 | 29 | 3 | 5 | 8 | 12 | 26 | 3 | 6 | 8 | 17 | 29 | |||
| 9 | Elgin City | 33 | 26 | 3 | 5 | 8 | 15 | 22 | 2 | 6 | 9 | 15 | 37 | |||
| 10 | 33 | 13 | 0 | 5 | 12 | 11 | 42 | 2 | 2 | 12 | 16 | 51 | ||||