| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Stenhousemuir | 14 | 29 | 3 | 4 | 0 | 11 | 5 | 5 | 1 | 1 | 14 | 8 | |||
| 2 | Cowdenbeath | 14 | 25 | 4 | 1 | 2 | 12 | 10 | 4 | 0 | 3 | 9 | 8 | |||
| 3 | Montrose | 14 | 25 | 3 | 2 | 2 | 8 | 7 | 4 | 2 | 1 | 10 | 7 | |||
| 4 | Dumbarton | 14 | 24 | 3 | 3 | 1 | 15 | 9 | 3 | 3 | 1 | 13 | 12 | |||
| 5 | 14 | 21 | 5 | 0 | 2 | 14 | 10 | 1 | 3 | 3 | 7 | 11 | ||||
| 6 | Forfar Athletic | 14 | 19 | 1 | 2 | 4 | 6 | 9 | 4 | 2 | 1 | 13 | 6 | |||
| 7 | Albion Rovers | 14 | 17 | 2 | 0 | 5 | 8 | 11 | 3 | 2 | 2 | 15 | 7 | |||
| 8 | Annan Athletic | 14 | 17 | 2 | 1 | 4 | 12 | 12 | 3 | 1 | 3 | 10 | 12 | |||
| 9 | 14 | 9 | 2 | 2 | 3 | 11 | 12 | 0 | 1 | 6 | 5 | 15 | ||||
| 10 | Elgin City | 14 | 8 | 1 | 1 | 5 | 8 | 16 | 1 | 1 | 5 | 5 | 19 | |||