| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | East Fife | 30 | 61 | 8 | 4 | 2 | 29 | 19 | 9 | 6 | 1 | 31 | 12 | |||
| 2 | Peterhead | 29 | 54 | 10 | 3 | 1 | 42 | 14 | 6 | 3 | 6 | 24 | 20 | |||
| 3 | Greenock Morton | 29 | 54 | 10 | 4 | 1 | 34 | 14 | 5 | 5 | 4 | 19 | 17 | |||
| 4 | Albion Rovers | 29 | 53 | 5 | 6 | 3 | 22 | 16 | 10 | 2 | 3 | 28 | 14 | |||
| 5 | Stirling Albion | 30 | 48 | 8 | 4 | 4 | 23 | 13 | 5 | 5 | 4 | 19 | 21 | |||
| 6 | 29 | 38 | 3 | 7 | 5 | 21 | 22 | 6 | 4 | 4 | 23 | 16 | ||||
| 7 | Montrose | 30 | 28 | 3 | 4 | 7 | 11 | 24 | 3 | 6 | 7 | 17 | 26 | |||
| 8 | Queen's Park | 29 | 26 | 3 | 3 | 10 | 17 | 25 | 3 | 5 | 5 | 14 | 16 | |||
| 9 | Elgin City | 29 | 23 | 2 | 5 | 7 | 11 | 20 | 2 | 6 | 7 | 15 | 30 | |||
| 10 | 30 | 12 | 0 | 4 | 11 | 10 | 39 | 2 | 2 | 11 | 16 | 48 | ||||