| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | 29 | 64 | 11 | 1 | 1 | 26 | 9 | 9 | 3 | 4 | 25 | 12 | ||||
| 2 | 32 | 54 | 11 | 2 | 4 | 29 | 18 | 6 | 1 | 8 | 15 | 24 | ||||
| 3 | Forfar Athletic | 31 | 53 | 7 | 5 | 3 | 29 | 20 | 8 | 3 | 5 | 22 | 19 | |||
| 4 | Queen's Park | 31 | 46 | 6 | 2 | 8 | 23 | 26 | 8 | 2 | 5 | 17 | 13 | |||
| 5 | 30 | 41 | 8 | 1 | 5 | 14 | 13 | 4 | 4 | 8 | 26 | 32 | ||||
| 6 | Albion Rovers | 28 | 40 | 7 | 4 | 3 | 16 | 9 | 3 | 6 | 5 | 11 | 17 | |||
| 7 | Annan Athletic | 30 | 36 | 6 | 5 | 4 | 16 | 13 | 3 | 4 | 8 | 19 | 21 | |||
| 8 | Stranraer | 27 | 36 | 6 | 4 | 5 | 21 | 22 | 4 | 2 | 6 | 17 | 20 | |||
| 9 | Montrose | 30 | 23 | 1 | 6 | 9 | 15 | 28 | 4 | 2 | 8 | 12 | 20 | |||
| 10 | Elgin City | 30 | 22 | 1 | 2 | 11 | 11 | 30 | 4 | 5 | 7 | 24 | 22 | |||