| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Stirling Albion | 19 | 45 | 7 | 2 | 1 | 19 | 5 | 7 | 1 | 1 | 18 | 8 | |||
| 2 | Stranraer | 18 | 38 | 6 | 0 | 3 | 19 | 8 | 6 | 2 | 1 | 20 | 8 | |||
| 3 | 19 | 35 | 4 | 4 | 2 | 14 | 11 | 6 | 1 | 2 | 12 | 9 | ||||
| 4 | Peterhead | 19 | 32 | 5 | 2 | 2 | 18 | 8 | 5 | 0 | 5 | 15 | 15 | |||
| 5 | Cowdenbeath | 19 | 29 | 4 | 1 | 4 | 13 | 13 | 4 | 4 | 2 | 12 | 7 | |||
| 6 | Montrose | 19 | 25 | 4 | 2 | 4 | 18 | 16 | 2 | 5 | 2 | 10 | 13 | |||
| 7 | Queen's Park | 19 | 21 | 2 | 3 | 4 | 10 | 13 | 3 | 3 | 4 | 9 | 13 | |||
| 8 | Albion Rovers | 18 | 20 | 3 | 1 | 5 | 14 | 13 | 3 | 1 | 5 | 17 | 19 | |||
| 9 | Elgin City | 19 | 13 | 2 | 2 | 6 | 17 | 26 | 1 | 2 | 6 | 16 | 29 | |||
| 10 | 19 | 5 | 1 | 2 | 6 | 13 | 21 | 0 | 0 | 10 | 5 | 34 | ||||