| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Stirling Albion | 24 | 54 | 8 | 2 | 2 | 22 | 7 | 9 | 1 | 2 | 26 | 11 | |||
| 2 | Stranraer | 24 | 53 | 9 | 0 | 3 | 35 | 10 | 8 | 2 | 2 | 28 | 12 | |||
| 3 | 25 | 48 | 6 | 4 | 3 | 19 | 13 | 8 | 2 | 2 | 19 | 13 | ||||
| 4 | Peterhead | 24 | 42 | 7 | 3 | 2 | 26 | 8 | 6 | 0 | 6 | 17 | 16 | |||
| 5 | Cowdenbeath | 23 | 36 | 5 | 1 | 5 | 19 | 16 | 5 | 5 | 2 | 13 | 7 | |||
| 6 | Montrose | 25 | 32 | 5 | 2 | 6 | 24 | 27 | 3 | 6 | 3 | 13 | 18 | |||
| 7 | Queen's Park | 25 | 28 | 3 | 4 | 5 | 13 | 18 | 4 | 3 | 6 | 15 | 23 | |||
| 8 | Albion Rovers | 23 | 26 | 4 | 1 | 6 | 18 | 17 | 4 | 1 | 7 | 19 | 26 | |||
| 9 | Elgin City | 23 | 14 | 2 | 3 | 7 | 19 | 29 | 1 | 2 | 8 | 19 | 39 | |||
| 10 | 24 | 5 | 1 | 2 | 9 | 17 | 30 | 0 | 0 | 12 | 6 | 47 | ||||