| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | East Fife | 24 | 61 | 11 | 0 | 1 | 34 | 5 | 9 | 1 | 2 | 23 | 12 | |||
| 2 | Montrose | 24 | 40 | 5 | 2 | 5 | 19 | 14 | 7 | 2 | 3 | 22 | 8 | |||
| 3 | Stranraer | 21 | 37 | 7 | 2 | 3 | 21 | 14 | 4 | 2 | 3 | 20 | 16 | |||
| 4 | Stenhousemuir | 23 | 32 | 5 | 1 | 6 | 15 | 20 | 4 | 4 | 3 | 15 | 21 | |||
| 5 | Arbroath | 21 | 31 | 3 | 4 | 3 | 17 | 13 | 5 | 3 | 3 | 21 | 20 | |||
| 6 | Elgin City | 22 | 30 | 5 | 1 | 4 | 21 | 16 | 4 | 2 | 6 | 16 | 27 | |||
| 7 | Albion Rovers | 21 | 24 | 4 | 3 | 4 | 25 | 25 | 3 | 0 | 7 | 11 | 21 | |||
| 8 | 21 | 23 | 4 | 1 | 5 | 21 | 22 | 3 | 1 | 7 | 14 | 25 | ||||
| 9 | Dumbarton | 21 | 19 | 4 | 3 | 4 | 13 | 14 | 1 | 1 | 8 | 7 | 19 | |||
| 10 | Forfar Athletic | 22 | 15 | 2 | 1 | 7 | 11 | 17 | 2 | 2 | 8 | 11 | 28 | |||