| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | East Fife | 13 | 34 | 7 | 0 | 0 | 26 | 2 | 4 | 1 | 1 | 12 | 8 | |||
| 2 | Stranraer | 14 | 25 | 4 | 2 | 1 | 12 | 7 | 3 | 2 | 2 | 17 | 14 | |||
| 3 | Montrose | 14 | 21 | 2 | 2 | 3 | 11 | 11 | 4 | 1 | 2 | 13 | 5 | |||
| 4 | Arbroath | 14 | 19 | 2 | 4 | 2 | 15 | 12 | 2 | 3 | 1 | 11 | 9 | |||
| 5 | Elgin City | 14 | 18 | 3 | 1 | 2 | 15 | 10 | 2 | 2 | 4 | 10 | 21 | |||
| 6 | Stenhousemuir | 14 | 18 | 3 | 0 | 5 | 10 | 16 | 2 | 3 | 1 | 7 | 12 | |||
| 7 | Albion Rovers | 13 | 16 | 3 | 1 | 3 | 14 | 14 | 2 | 0 | 4 | 4 | 10 | |||
| 8 | 13 | 16 | 2 | 1 | 3 | 10 | 12 | 3 | 0 | 4 | 11 | 16 | ||||
| 9 | Dumbarton | 13 | 13 | 2 | 3 | 1 | 6 | 4 | 1 | 1 | 5 | 6 | 12 | |||
| 10 | Forfar Athletic | 14 | 9 | 1 | 1 | 4 | 7 | 11 | 1 | 2 | 5 | 8 | 19 | |||