| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Cowdenbeath | 29 | 55 | 11 | 2 | 2 | 24 | 12 | 6 | 2 | 6 | 17 | 16 | |||
| 2 | 30 | 48 | 9 | 0 | 6 | 27 | 25 | 6 | 3 | 6 | 21 | 21 | ||||
| 3 | Annan Athletic | 30 | 45 | 7 | 3 | 5 | 31 | 18 | 6 | 3 | 6 | 19 | 18 | |||
| 4 | Dumbarton | 28 | 45 | 8 | 5 | 2 | 26 | 13 | 4 | 4 | 5 | 18 | 22 | |||
| 5 | Stenhousemuir | 29 | 43 | 6 | 5 | 4 | 20 | 17 | 6 | 2 | 6 | 20 | 17 | |||
| 6 | Forfar Athletic | 28 | 42 | 5 | 3 | 5 | 19 | 18 | 7 | 3 | 5 | 21 | 16 | |||
| 7 | Montrose | 30 | 42 | 5 | 3 | 7 | 15 | 20 | 7 | 3 | 5 | 21 | 20 | |||
| 8 | Albion Rovers | 29 | 37 | 6 | 1 | 7 | 17 | 18 | 5 | 3 | 7 | 20 | 18 | |||
| 9 | 30 | 35 | 6 | 3 | 6 | 23 | 24 | 4 | 2 | 9 | 21 | 27 | ||||
| 10 | Elgin City | 29 | 19 | 4 | 2 | 8 | 13 | 24 | 1 | 2 | 12 | 11 | 40 | |||