| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Arbroath | 18 | 32 | 5 | 2 | 2 | 17 | 12 | 5 | 0 | 4 | 25 | 23 | |||
| 2 | Albion Rovers | 17 | 31 | 6 | 2 | 2 | 17 | 10 | 3 | 2 | 2 | 11 | 11 | |||
| 3 | Stranraer | 18 | 31 | 5 | 2 | 2 | 19 | 14 | 3 | 5 | 1 | 16 | 13 | |||
| 4 | Elgin City | 19 | 28 | 5 | 1 | 3 | 19 | 16 | 3 | 3 | 4 | 12 | 17 | |||
| 5 | Annan Athletic | 16 | 25 | 3 | 3 | 2 | 16 | 12 | 3 | 4 | 1 | 10 | 7 | |||
| 6 | 16 | 22 | 3 | 3 | 1 | 17 | 13 | 2 | 4 | 3 | 12 | 10 | ||||
| 7 | Queen's Park | 18 | 20 | 3 | 1 | 4 | 10 | 10 | 3 | 1 | 6 | 12 | 16 | |||
| 8 | 16 | 20 | 3 | 2 | 3 | 6 | 7 | 3 | 0 | 5 | 10 | 14 | ||||
| 9 | Montrose | 18 | 19 | 3 | 3 | 5 | 20 | 18 | 2 | 1 | 4 | 10 | 15 | |||
| 10 | Clyde | 14 | 6 | 0 | 2 | 4 | 6 | 13 | 1 | 1 | 6 | 7 | 21 | |||