| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | 30 | 80 | 16 | 0 | 0 | 62 | 10 | 10 | 2 | 2 | 43 | 17 | ||||
| 2 | Peterhead | 30 | 67 | 10 | 4 | 1 | 40 | 14 | 10 | 3 | 2 | 28 | 16 | |||
| 3 | Montrose | 30 | 38 | 6 | 1 | 8 | 21 | 22 | 5 | 4 | 6 | 18 | 20 | |||
| 4 | Stenhousemuir | 30 | 37 | 5 | 6 | 5 | 30 | 23 | 4 | 4 | 6 | 20 | 20 | |||
| 5 | Elgin City | 29 | 37 | 6 | 5 | 4 | 18 | 21 | 4 | 2 | 8 | 13 | 24 | |||
| 6 | Cowdenbeath | 30 | 37 | 5 | 3 | 6 | 15 | 30 | 5 | 4 | 7 | 25 | 27 | |||
| 7 | Queen's Park | 30 | 35 | 4 | 5 | 6 | 19 | 23 | 5 | 3 | 7 | 24 | 23 | |||
| 8 | East Fife | 29 | 33 | 6 | 3 | 5 | 13 | 14 | 3 | 3 | 9 | 18 | 29 | |||
| 9 | Albion Rovers | 30 | 27 | 2 | 4 | 8 | 16 | 35 | 4 | 5 | 7 | 17 | 31 | |||
| 10 | 30 | 22 | 4 | 3 | 8 | 15 | 28 | 1 | 4 | 10 | 14 | 42 | ||||