| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Arbroath | 35 | 66 | 11 | 4 | 2 | 36 | 19 | 9 | 2 | 7 | 41 | 37 | |||
| 2 | Albion Rovers | 35 | 60 | 9 | 4 | 5 | 25 | 16 | 8 | 5 | 4 | 29 | 22 | |||
| 3 | Annan Athletic | 35 | 59 | 8 | 5 | 5 | 32 | 25 | 8 | 6 | 3 | 26 | 18 | |||
| 4 | Queen's Park | 35 | 56 | 9 | 3 | 5 | 27 | 16 | 8 | 2 | 8 | 26 | 26 | |||
| 5 | Stranraer | 35 | 54 | 9 | 4 | 4 | 36 | 25 | 5 | 8 | 5 | 33 | 32 | |||
| 6 | 35 | 48 | 7 | 6 | 4 | 36 | 29 | 5 | 6 | 7 | 24 | 25 | ||||
| 7 | Elgin City | 35 | 42 | 8 | 2 | 8 | 30 | 29 | 4 | 4 | 9 | 18 | 31 | |||
| 8 | Montrose | 35 | 37 | 6 | 4 | 8 | 28 | 27 | 4 | 3 | 10 | 18 | 30 | |||
| 9 | Clyde | 35 | 32 | 4 | 5 | 9 | 23 | 31 | 4 | 3 | 10 | 14 | 33 | |||
| 10 | 35 | 31 | 5 | 3 | 9 | 16 | 27 | 4 | 1 | 13 | 15 | 35 | ||||