| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Stirling Albion | 12 | 24 | 3 | 3 | 0 | 9 | 4 | 4 | 0 | 2 | 10 | 8 | |||
| 2 | Cowdenbeath | 12 | 21 | 3 | 2 | 2 | 11 | 6 | 3 | 1 | 1 | 8 | 4 | |||
| 3 | Brechin City | 12 | 20 | 5 | 0 | 0 | 12 | 5 | 1 | 2 | 4 | 4 | 6 | |||
| 4 | Alloa Athletic | 12 | 18 | 3 | 1 | 2 | 5 | 4 | 2 | 2 | 2 | 6 | 5 | |||
| 5 | Peterhead | 12 | 18 | 3 | 3 | 1 | 10 | 7 | 2 | 0 | 3 | 5 | 9 | |||
| 6 | Dumbarton | 12 | 15 | 1 | 3 | 3 | 7 | 12 | 3 | 0 | 2 | 8 | 8 | |||
| 7 | East Fife | 12 | 14 | 3 | 2 | 1 | 7 | 4 | 0 | 3 | 3 | 5 | 10 | |||
| 8 | Stenhousemuir | 12 | 13 | 2 | 1 | 2 | 6 | 5 | 1 | 3 | 3 | 7 | 7 | |||
| 9 | Clyde | 12 | 11 | 2 | 0 | 3 | 4 | 6 | 1 | 2 | 4 | 7 | 10 | |||
| 10 | Arbroath | 12 | 11 | 1 | 0 | 5 | 4 | 13 | 2 | 2 | 2 | 6 | 8 | |||