| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | 23 | 59 | 12 | 0 | 0 | 46 | 7 | 7 | 2 | 2 | 34 | 16 | ||||
| 2 | Peterhead | 22 | 55 | 9 | 3 | 0 | 34 | 10 | 8 | 1 | 1 | 20 | 6 | |||
| 3 | Cowdenbeath | 22 | 34 | 5 | 2 | 3 | 13 | 24 | 5 | 2 | 5 | 22 | 21 | |||
| 4 | Queen's Park | 22 | 27 | 4 | 3 | 5 | 18 | 19 | 3 | 3 | 4 | 19 | 16 | |||
| 5 | Stenhousemuir | 21 | 25 | 4 | 5 | 3 | 24 | 14 | 2 | 2 | 5 | 12 | 16 | |||
| 6 | Elgin City | 20 | 25 | 3 | 3 | 4 | 11 | 18 | 4 | 1 | 5 | 11 | 16 | |||
| 7 | Montrose | 22 | 23 | 3 | 1 | 6 | 13 | 16 | 3 | 4 | 5 | 13 | 14 | |||
| 8 | East Fife | 21 | 23 | 5 | 2 | 3 | 9 | 10 | 1 | 3 | 7 | 9 | 25 | |||
| 9 | Albion Rovers | 21 | 15 | 2 | 2 | 5 | 13 | 21 | 1 | 4 | 7 | 8 | 27 | |||
| 10 | 20 | 11 | 1 | 3 | 6 | 8 | 19 | 1 | 2 | 7 | 10 | 32 | ||||