| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Peterhead | 8 | 22 | 4 | 1 | 0 | 13 | 3 | 3 | 0 | 0 | 4 | 1 | |||
| 2 | 8 | 19 | 5 | 0 | 0 | 17 | 2 | 1 | 1 | 1 | 5 | 5 | ||||
| 3 | Queen's Park | 8 | 14 | 2 | 1 | 1 | 8 | 7 | 2 | 1 | 1 | 10 | 3 | |||
| 4 | Elgin City | 8 | 12 | 2 | 0 | 1 | 3 | 3 | 2 | 0 | 3 | 5 | 8 | |||
| 5 | Stenhousemuir | 8 | 11 | 1 | 1 | 2 | 8 | 5 | 2 | 1 | 1 | 8 | 1 | |||
| 6 | Montrose | 8 | 10 | 1 | 1 | 2 | 4 | 5 | 2 | 0 | 2 | 5 | 4 | |||
| 7 | Albion Rovers | 8 | 9 | 2 | 1 | 1 | 6 | 4 | 0 | 2 | 2 | 2 | 9 | |||
| 8 | East Fife | 8 | 8 | 2 | 2 | 1 | 4 | 5 | 0 | 0 | 3 | 1 | 9 | |||
| 9 | Cowdenbeath | 8 | 7 | 2 | 0 | 1 | 5 | 8 | 0 | 1 | 4 | 6 | 12 | |||
| 10 | 8 | 1 | 0 | 0 | 3 | 1 | 8 | 0 | 1 | 4 | 4 | 17 | ||||