| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Stenhousemuir | 12 | 25 | 3 | 3 | 0 | 10 | 4 | 4 | 1 | 1 | 12 | 7 | |||
| 2 | Dumbarton | 12 | 23 | 3 | 2 | 1 | 14 | 8 | 3 | 3 | 0 | 11 | 7 | |||
| 3 | Cowdenbeath | 12 | 22 | 4 | 1 | 1 | 11 | 8 | 3 | 0 | 3 | 6 | 6 | |||
| 4 | Montrose | 12 | 19 | 2 | 2 | 2 | 7 | 7 | 3 | 2 | 1 | 8 | 6 | |||
| 5 | 12 | 17 | 4 | 0 | 2 | 9 | 8 | 1 | 2 | 3 | 6 | 10 | ||||
| 6 | Albion Rovers | 12 | 16 | 2 | 0 | 4 | 8 | 10 | 3 | 1 | 2 | 14 | 6 | |||
| 7 | Forfar Athletic | 12 | 16 | 0 | 2 | 4 | 4 | 8 | 4 | 2 | 0 | 13 | 5 | |||
| 8 | Annan Athletic | 12 | 11 | 1 | 1 | 4 | 7 | 12 | 2 | 1 | 3 | 9 | 12 | |||
| 9 | 12 | 9 | 2 | 2 | 2 | 9 | 9 | 0 | 1 | 5 | 4 | 13 | ||||
| 10 | Elgin City | 12 | 8 | 1 | 1 | 4 | 7 | 14 | 1 | 1 | 4 | 5 | 14 | |||