| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | East Fife | 18 | 43 | 8 | 0 | 1 | 28 | 4 | 6 | 1 | 2 | 19 | 11 | |||
| 2 | Stranraer | 17 | 31 | 5 | 2 | 2 | 17 | 11 | 4 | 2 | 2 | 19 | 14 | |||
| 3 | Montrose | 18 | 30 | 3 | 2 | 4 | 12 | 12 | 6 | 1 | 2 | 19 | 6 | |||
| 4 | Arbroath | 17 | 25 | 2 | 4 | 2 | 15 | 12 | 4 | 3 | 2 | 18 | 15 | |||
| 5 | Stenhousemuir | 18 | 24 | 4 | 0 | 5 | 12 | 17 | 3 | 3 | 3 | 10 | 17 | |||
| 6 | Albion Rovers | 17 | 22 | 4 | 1 | 4 | 20 | 20 | 3 | 0 | 5 | 10 | 17 | |||
| 7 | Elgin City | 17 | 21 | 4 | 1 | 3 | 18 | 13 | 2 | 2 | 5 | 11 | 24 | |||
| 8 | 17 | 19 | 3 | 1 | 5 | 17 | 21 | 3 | 0 | 5 | 12 | 19 | ||||
| 9 | Dumbarton | 18 | 16 | 3 | 3 | 3 | 10 | 10 | 1 | 1 | 7 | 7 | 17 | |||
| 10 | Forfar Athletic | 17 | 15 | 2 | 1 | 5 | 10 | 14 | 2 | 2 | 5 | 9 | 19 | |||