| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Stirling Albion | 25 | 55 | 8 | 2 | 2 | 22 | 7 | 9 | 2 | 2 | 27 | 12 | |||
| 2 | Stranraer | 25 | 54 | 9 | 1 | 3 | 36 | 11 | 8 | 2 | 2 | 28 | 12 | |||
| 3 | 26 | 48 | 6 | 4 | 3 | 19 | 13 | 8 | 2 | 3 | 20 | 15 | ||||
| 4 | Peterhead | 25 | 45 | 8 | 3 | 2 | 28 | 9 | 6 | 0 | 6 | 17 | 16 | |||
| 5 | Cowdenbeath | 24 | 37 | 5 | 2 | 5 | 20 | 17 | 5 | 5 | 2 | 13 | 7 | |||
| 6 | Montrose | 26 | 35 | 5 | 2 | 6 | 24 | 27 | 4 | 6 | 3 | 17 | 19 | |||
| 7 | Queen's Park | 26 | 31 | 4 | 4 | 5 | 17 | 18 | 4 | 3 | 6 | 15 | 23 | |||
| 8 | Albion Rovers | 24 | 27 | 4 | 1 | 6 | 18 | 17 | 4 | 2 | 7 | 20 | 27 | |||
| 9 | Elgin City | 24 | 14 | 2 | 3 | 7 | 19 | 29 | 1 | 2 | 9 | 19 | 43 | |||
| 10 | 25 | 5 | 1 | 2 | 10 | 18 | 34 | 0 | 0 | 12 | 6 | 47 | ||||