| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Stenhousemuir | 16 | 32 | 4 | 4 | 0 | 12 | 5 | 5 | 1 | 2 | 16 | 11 | |||
| 2 | Cowdenbeath | 15 | 28 | 4 | 1 | 2 | 12 | 10 | 5 | 0 | 3 | 10 | 8 | |||
| 3 | Dumbarton | 15 | 27 | 4 | 3 | 1 | 18 | 9 | 3 | 3 | 1 | 13 | 12 | |||
| 4 | 16 | 27 | 6 | 0 | 2 | 19 | 10 | 2 | 3 | 3 | 11 | 11 | ||||
| 5 | Montrose | 16 | 25 | 3 | 2 | 3 | 8 | 8 | 4 | 2 | 2 | 10 | 12 | |||
| 6 | Forfar Athletic | 15 | 19 | 1 | 2 | 4 | 6 | 9 | 4 | 2 | 2 | 13 | 9 | |||
| 7 | Albion Rovers | 15 | 17 | 2 | 0 | 5 | 8 | 11 | 3 | 2 | 3 | 15 | 8 | |||
| 8 | Annan Athletic | 15 | 17 | 2 | 1 | 5 | 13 | 14 | 3 | 1 | 3 | 10 | 12 | |||
| 9 | 16 | 15 | 3 | 2 | 3 | 14 | 14 | 1 | 1 | 6 | 7 | 16 | ||||
| 10 | Elgin City | 15 | 8 | 1 | 1 | 6 | 8 | 20 | 1 | 1 | 5 | 5 | 19 | |||