| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Dumbarton | 34 | 61 | 10 | 5 | 2 | 32 | 13 | 7 | 5 | 5 | 24 | 22 | |||
| 2 | Cowdenbeath | 34 | 59 | 11 | 4 | 2 | 25 | 13 | 6 | 4 | 7 | 19 | 19 | |||
| 3 | 34 | 58 | 10 | 1 | 6 | 30 | 27 | 8 | 3 | 6 | 25 | 21 | ||||
| 4 | Stenhousemuir | 34 | 52 | 7 | 5 | 5 | 22 | 19 | 8 | 2 | 7 | 28 | 23 | |||
| 5 | Annan Athletic | 34 | 50 | 8 | 4 | 5 | 34 | 20 | 6 | 4 | 7 | 21 | 21 | |||
| 6 | Forfar Athletic | 34 | 49 | 6 | 4 | 7 | 22 | 24 | 8 | 3 | 6 | 25 | 21 | |||
| 7 | Montrose | 34 | 48 | 7 | 3 | 7 | 22 | 24 | 7 | 3 | 7 | 23 | 24 | |||
| 8 | Albion Rovers | 34 | 39 | 6 | 2 | 9 | 18 | 23 | 5 | 4 | 8 | 21 | 21 | |||
| 9 | 34 | 37 | 6 | 4 | 7 | 24 | 28 | 4 | 3 | 10 | 22 | 30 | ||||
| 10 | Elgin City | 34 | 23 | 4 | 2 | 11 | 14 | 32 | 2 | 3 | 12 | 15 | 41 | |||