| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Albion Rovers | 19 | 36 | 4 | 3 | 3 | 18 | 15 | 7 | 0 | 2 | 16 | 7 | |||
| 2 | Greenock Morton | 19 | 35 | 7 | 2 | 1 | 26 | 9 | 3 | 3 | 3 | 16 | 14 | |||
| 3 | East Fife | 19 | 34 | 4 | 3 | 2 | 19 | 16 | 5 | 4 | 1 | 23 | 9 | |||
| 4 | Peterhead | 20 | 34 | 6 | 3 | 1 | 24 | 11 | 4 | 1 | 5 | 18 | 15 | |||
| 5 | Stirling Albion | 18 | 30 | 4 | 3 | 2 | 9 | 4 | 4 | 3 | 2 | 13 | 10 | |||
| 6 | 19 | 24 | 2 | 4 | 4 | 15 | 17 | 4 | 2 | 3 | 15 | 9 | ||||
| 7 | Queen's Park | 20 | 21 | 3 | 2 | 5 | 10 | 13 | 2 | 4 | 4 | 12 | 14 | |||
| 8 | Elgin City | 20 | 20 | 2 | 3 | 4 | 9 | 14 | 2 | 5 | 4 | 11 | 19 | |||
| 9 | Montrose | 18 | 15 | 2 | 2 | 5 | 7 | 19 | 1 | 4 | 4 | 9 | 17 | |||
| 10 | 18 | 8 | 0 | 3 | 6 | 6 | 24 | 1 | 2 | 6 | 9 | 29 | ||||