| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Peterhead | 9 | 25 | 4 | 1 | 0 | 13 | 3 | 4 | 0 | 0 | 6 | 2 | |||
| 2 | 9 | 22 | 5 | 0 | 0 | 17 | 2 | 2 | 1 | 1 | 8 | 5 | ||||
| 3 | Elgin City | 9 | 15 | 3 | 0 | 1 | 5 | 4 | 2 | 0 | 3 | 5 | 8 | |||
| 4 | Queen's Park | 9 | 14 | 2 | 1 | 2 | 9 | 9 | 2 | 1 | 1 | 10 | 3 | |||
| 5 | Stenhousemuir | 9 | 11 | 1 | 1 | 3 | 8 | 8 | 2 | 1 | 1 | 8 | 1 | |||
| 6 | Montrose | 9 | 11 | 1 | 1 | 2 | 4 | 5 | 2 | 1 | 2 | 6 | 5 | |||
| 7 | Cowdenbeath | 9 | 10 | 3 | 0 | 1 | 7 | 8 | 0 | 1 | 4 | 6 | 12 | |||
| 8 | Albion Rovers | 9 | 9 | 2 | 1 | 1 | 6 | 4 | 0 | 2 | 3 | 2 | 11 | |||
| 9 | East Fife | 9 | 8 | 2 | 2 | 1 | 4 | 5 | 0 | 0 | 4 | 2 | 11 | |||
| 10 | 9 | 2 | 0 | 1 | 3 | 2 | 9 | 0 | 1 | 4 | 4 | 17 | ||||