| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | East Fife | 20 | 49 | 9 | 0 | 1 | 30 | 5 | 7 | 1 | 2 | 21 | 12 | |||
| 2 | Montrose | 20 | 36 | 4 | 2 | 4 | 17 | 12 | 7 | 1 | 2 | 21 | 6 | |||
| 3 | Stranraer | 19 | 31 | 5 | 2 | 3 | 17 | 13 | 4 | 2 | 3 | 20 | 16 | |||
| 4 | Stenhousemuir | 20 | 28 | 5 | 0 | 5 | 15 | 17 | 3 | 4 | 3 | 13 | 20 | |||
| 5 | Arbroath | 18 | 25 | 2 | 4 | 2 | 15 | 12 | 4 | 3 | 3 | 18 | 20 | |||
| 6 | Elgin City | 19 | 24 | 4 | 1 | 4 | 19 | 15 | 3 | 2 | 5 | 12 | 24 | |||
| 7 | Albion Rovers | 19 | 23 | 4 | 2 | 4 | 23 | 23 | 3 | 0 | 6 | 10 | 19 | |||
| 8 | 19 | 22 | 4 | 1 | 5 | 21 | 22 | 3 | 0 | 6 | 12 | 22 | ||||
| 9 | Dumbarton | 19 | 19 | 4 | 3 | 3 | 12 | 10 | 1 | 1 | 7 | 7 | 17 | |||
| 10 | Forfar Athletic | 19 | 15 | 2 | 1 | 6 | 10 | 15 | 2 | 2 | 6 | 10 | 23 | |||