| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Stranraer | 15 | 28 | 4 | 2 | 1 | 14 | 9 | 3 | 5 | 0 | 15 | 11 | |||
| 2 | Albion Rovers | 13 | 27 | 5 | 1 | 0 | 14 | 6 | 3 | 2 | 2 | 11 | 11 | |||
| 3 | Arbroath | 14 | 23 | 5 | 2 | 1 | 14 | 7 | 2 | 0 | 4 | 12 | 20 | |||
| 4 | Elgin City | 15 | 23 | 4 | 1 | 3 | 17 | 15 | 3 | 1 | 3 | 9 | 12 | |||
| 5 | 13 | 22 | 3 | 3 | 0 | 17 | 9 | 2 | 4 | 1 | 12 | 8 | ||||
| 6 | Annan Athletic | 12 | 20 | 3 | 2 | 1 | 13 | 8 | 2 | 3 | 1 | 9 | 7 | |||
| 7 | Montrose | 14 | 13 | 2 | 3 | 3 | 17 | 11 | 1 | 1 | 4 | 8 | 15 | |||
| 8 | 13 | 11 | 1 | 2 | 3 | 3 | 7 | 2 | 0 | 5 | 5 | 11 | ||||
| 9 | Queen's Park | 13 | 10 | 2 | 0 | 4 | 8 | 9 | 1 | 1 | 5 | 7 | 12 | |||
| 10 | Clyde | 12 | 6 | 0 | 2 | 4 | 6 | 13 | 1 | 1 | 4 | 6 | 16 | |||