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