| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | East Fife | 16 | 40 | 8 | 0 | 0 | 28 | 2 | 5 | 1 | 2 | 15 | 10 | |||
| 2 | Stranraer | 16 | 28 | 4 | 2 | 2 | 14 | 10 | 4 | 2 | 2 | 19 | 14 | |||
| 3 | Montrose | 17 | 27 | 3 | 2 | 4 | 12 | 12 | 5 | 1 | 2 | 16 | 6 | |||
| 4 | Stenhousemuir | 17 | 24 | 4 | 0 | 5 | 12 | 17 | 3 | 3 | 2 | 10 | 15 | |||
| 5 | Arbroath | 16 | 22 | 2 | 4 | 2 | 15 | 12 | 3 | 3 | 2 | 16 | 15 | |||
| 6 | Albion Rovers | 15 | 22 | 4 | 1 | 3 | 19 | 16 | 3 | 0 | 4 | 9 | 14 | |||
| 7 | 16 | 19 | 3 | 1 | 4 | 17 | 18 | 3 | 0 | 5 | 12 | 19 | ||||
| 8 | Elgin City | 16 | 18 | 3 | 1 | 3 | 16 | 13 | 2 | 2 | 5 | 11 | 24 | |||
| 9 | Dumbarton | 17 | 16 | 3 | 3 | 3 | 10 | 10 | 1 | 1 | 6 | 6 | 14 | |||
| 10 | Forfar Athletic | 16 | 12 | 1 | 1 | 5 | 7 | 13 | 2 | 2 | 5 | 9 | 19 | |||