| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | 36 | 98 | 18 | 0 | 0 | 70 | 10 | 14 | 2 | 2 | 60 | 19 | ||||
| 2 | Peterhead | 36 | 78 | 11 | 6 | 1 | 46 | 17 | 12 | 3 | 3 | 35 | 21 | |||
| 3 | Cowdenbeath | 36 | 51 | 8 | 4 | 6 | 24 | 32 | 6 | 5 | 7 | 30 | 29 | |||
| 4 | Queen's Park | 36 | 48 | 7 | 5 | 6 | 24 | 24 | 6 | 4 | 8 | 27 | 26 | |||
| 5 | Montrose | 36 | 46 | 7 | 2 | 9 | 27 | 29 | 6 | 5 | 7 | 20 | 24 | |||
| 6 | Elgin City | 36 | 43 | 7 | 5 | 6 | 24 | 31 | 5 | 2 | 11 | 15 | 30 | |||
| 7 | Stenhousemuir | 36 | 42 | 5 | 7 | 6 | 31 | 25 | 5 | 5 | 8 | 27 | 33 | |||
| 8 | East Fife | 36 | 38 | 7 | 4 | 7 | 17 | 19 | 3 | 4 | 11 | 23 | 37 | |||
| 9 | Albion Rovers | 36 | 34 | 3 | 4 | 11 | 20 | 46 | 5 | 6 | 7 | 20 | 32 | |||
| 10 | 36 | 22 | 4 | 3 | 11 | 17 | 39 | 1 | 4 | 13 | 15 | 49 | ||||