| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Peterhead | 12 | 34 | 6 | 1 | 0 | 20 | 6 | 5 | 0 | 0 | 8 | 3 | |||
| 2 | 12 | 31 | 7 | 0 | 0 | 29 | 4 | 3 | 1 | 1 | 14 | 7 | ||||
| 3 | Elgin City | 12 | 19 | 3 | 1 | 1 | 6 | 5 | 3 | 0 | 4 | 6 | 10 | |||
| 4 | Montrose | 12 | 17 | 3 | 1 | 2 | 8 | 6 | 2 | 1 | 3 | 8 | 8 | |||
| 5 | Cowdenbeath | 12 | 17 | 4 | 0 | 1 | 9 | 9 | 1 | 2 | 4 | 10 | 14 | |||
| 6 | Stenhousemuir | 12 | 16 | 2 | 2 | 3 | 15 | 12 | 2 | 2 | 1 | 9 | 2 | |||
| 7 | Queen's Park | 12 | 14 | 2 | 1 | 3 | 9 | 10 | 2 | 1 | 3 | 12 | 9 | |||
| 8 | East Fife | 12 | 11 | 3 | 2 | 1 | 5 | 5 | 0 | 0 | 6 | 5 | 18 | |||
| 9 | Albion Rovers | 12 | 9 | 2 | 1 | 2 | 8 | 10 | 0 | 2 | 5 | 3 | 16 | |||
| 10 | 12 | 2 | 0 | 1 | 5 | 3 | 13 | 0 | 1 | 5 | 5 | 25 | ||||