| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | 31 | 83 | 16 | 0 | 0 | 62 | 10 | 11 | 2 | 2 | 45 | 17 | ||||
| 2 | Peterhead | 31 | 68 | 10 | 5 | 1 | 41 | 15 | 10 | 3 | 2 | 28 | 16 | |||
| 3 | Montrose | 31 | 39 | 6 | 1 | 8 | 21 | 22 | 5 | 5 | 6 | 18 | 20 | |||
| 4 | Stenhousemuir | 31 | 38 | 5 | 6 | 5 | 30 | 23 | 4 | 5 | 6 | 21 | 21 | |||
| 5 | Queen's Park | 31 | 38 | 5 | 5 | 6 | 21 | 23 | 5 | 3 | 7 | 24 | 23 | |||
| 6 | Cowdenbeath | 31 | 38 | 5 | 4 | 6 | 15 | 30 | 5 | 4 | 7 | 25 | 27 | |||
| 7 | Elgin City | 31 | 37 | 6 | 5 | 4 | 18 | 21 | 4 | 2 | 10 | 13 | 28 | |||
| 8 | East Fife | 31 | 36 | 7 | 3 | 6 | 15 | 16 | 3 | 3 | 9 | 18 | 29 | |||
| 9 | Albion Rovers | 31 | 30 | 3 | 4 | 8 | 18 | 35 | 4 | 5 | 7 | 17 | 31 | |||
| 10 | 31 | 22 | 4 | 3 | 8 | 15 | 28 | 1 | 4 | 11 | 14 | 44 | ||||