| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | 32 | 68 | 12 | 1 | 2 | 29 | 12 | 9 | 4 | 4 | 26 | 13 | ||||
| 2 | Forfar Athletic | 32 | 56 | 7 | 5 | 3 | 29 | 20 | 9 | 3 | 5 | 25 | 21 | |||
| 3 | 33 | 55 | 11 | 2 | 4 | 29 | 18 | 6 | 2 | 8 | 17 | 26 | ||||
| 4 | Queen's Park | 32 | 47 | 6 | 2 | 8 | 23 | 26 | 8 | 3 | 5 | 17 | 13 | |||
| 5 | 33 | 46 | 9 | 3 | 5 | 18 | 16 | 4 | 4 | 8 | 26 | 32 | ||||
| 6 | Albion Rovers | 31 | 43 | 8 | 4 | 4 | 20 | 12 | 3 | 6 | 6 | 12 | 19 | |||
| 7 | Annan Athletic | 33 | 40 | 6 | 6 | 4 | 16 | 13 | 4 | 4 | 9 | 21 | 23 | |||
| 8 | Stranraer | 31 | 40 | 7 | 5 | 5 | 23 | 23 | 4 | 2 | 8 | 18 | 24 | |||
| 9 | Elgin City | 32 | 28 | 2 | 2 | 11 | 12 | 30 | 5 | 5 | 7 | 26 | 23 | |||
| 10 | Montrose | 33 | 24 | 1 | 6 | 10 | 16 | 30 | 4 | 3 | 9 | 12 | 21 | |||