| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | East Fife | 29 | 58 | 8 | 4 | 2 | 29 | 19 | 8 | 6 | 1 | 29 | 11 | |||
| 2 | Peterhead | 28 | 51 | 10 | 3 | 1 | 42 | 14 | 5 | 3 | 6 | 22 | 19 | |||
| 3 | Greenock Morton | 28 | 51 | 9 | 4 | 1 | 33 | 14 | 5 | 5 | 4 | 19 | 17 | |||
| 4 | Albion Rovers | 28 | 50 | 5 | 6 | 3 | 22 | 16 | 9 | 2 | 3 | 27 | 14 | |||
| 5 | Stirling Albion | 29 | 48 | 8 | 4 | 3 | 22 | 11 | 5 | 5 | 4 | 19 | 21 | |||
| 6 | 28 | 35 | 2 | 7 | 5 | 18 | 21 | 6 | 4 | 4 | 23 | 16 | ||||
| 7 | Montrose | 29 | 28 | 3 | 4 | 7 | 11 | 24 | 3 | 6 | 6 | 17 | 25 | |||
| 8 | Queen's Park | 28 | 26 | 3 | 3 | 9 | 16 | 23 | 3 | 5 | 5 | 14 | 16 | |||
| 9 | Elgin City | 28 | 23 | 2 | 5 | 6 | 11 | 19 | 2 | 6 | 7 | 15 | 30 | |||
| 10 | 29 | 12 | 0 | 4 | 11 | 10 | 39 | 2 | 2 | 10 | 15 | 45 | ||||