| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Stirling Albion | 22 | 51 | 8 | 2 | 2 | 22 | 7 | 8 | 1 | 1 | 22 | 9 | |||
| 2 | Stranraer | 23 | 50 | 8 | 0 | 3 | 32 | 9 | 8 | 2 | 2 | 28 | 12 | |||
| 3 | 22 | 42 | 5 | 4 | 2 | 17 | 11 | 7 | 2 | 2 | 15 | 11 | ||||
| 4 | Peterhead | 22 | 41 | 7 | 2 | 2 | 26 | 8 | 6 | 0 | 5 | 17 | 15 | |||
| 5 | Cowdenbeath | 22 | 35 | 5 | 1 | 5 | 19 | 16 | 5 | 4 | 2 | 13 | 7 | |||
| 6 | Montrose | 23 | 29 | 5 | 2 | 5 | 23 | 23 | 2 | 6 | 3 | 11 | 17 | |||
| 7 | Albion Rovers | 22 | 23 | 4 | 1 | 6 | 18 | 17 | 3 | 1 | 7 | 17 | 25 | |||
| 8 | Queen's Park | 22 | 22 | 2 | 4 | 5 | 12 | 18 | 3 | 3 | 5 | 10 | 18 | |||
| 9 | Elgin City | 22 | 14 | 2 | 3 | 6 | 18 | 27 | 1 | 2 | 8 | 19 | 39 | |||
| 10 | 22 | 5 | 1 | 2 | 7 | 13 | 22 | 0 | 0 | 12 | 6 | 47 | ||||