| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Stirling Albion | 27 | 61 | 10 | 2 | 2 | 34 | 8 | 9 | 2 | 2 | 27 | 12 | |||
| 2 | Stranraer | 27 | 58 | 9 | 1 | 3 | 36 | 11 | 9 | 3 | 2 | 30 | 13 | |||
| 3 | 27 | 49 | 6 | 5 | 3 | 19 | 13 | 8 | 2 | 3 | 20 | 15 | ||||
| 4 | Peterhead | 27 | 46 | 8 | 3 | 2 | 28 | 9 | 6 | 1 | 7 | 20 | 20 | |||
| 5 | Cowdenbeath | 27 | 39 | 5 | 2 | 6 | 21 | 19 | 5 | 7 | 2 | 14 | 8 | |||
| 6 | Montrose | 27 | 36 | 5 | 3 | 6 | 25 | 28 | 4 | 6 | 3 | 17 | 19 | |||
| 7 | Albion Rovers | 27 | 34 | 6 | 2 | 6 | 29 | 22 | 4 | 2 | 7 | 20 | 27 | |||
| 8 | Queen's Park | 27 | 31 | 4 | 4 | 5 | 17 | 18 | 4 | 3 | 7 | 16 | 26 | |||
| 9 | Elgin City | 27 | 18 | 3 | 4 | 7 | 20 | 29 | 1 | 2 | 10 | 20 | 49 | |||
| 10 | 27 | 5 | 1 | 2 | 10 | 18 | 34 | 0 | 0 | 14 | 7 | 58 | ||||