| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Arbroath | 19 | 35 | 6 | 2 | 2 | 20 | 12 | 5 | 0 | 4 | 25 | 23 | |||
| 2 | Stranraer | 18 | 31 | 5 | 2 | 2 | 19 | 14 | 3 | 5 | 1 | 16 | 13 | |||
| 3 | Albion Rovers | 18 | 31 | 6 | 2 | 2 | 17 | 10 | 3 | 2 | 3 | 11 | 14 | |||
| 4 | Elgin City | 20 | 31 | 6 | 1 | 3 | 20 | 16 | 3 | 3 | 4 | 12 | 17 | |||
| 5 | Annan Athletic | 17 | 28 | 3 | 3 | 2 | 16 | 12 | 4 | 4 | 1 | 12 | 7 | |||
| 6 | Queen's Park | 19 | 23 | 4 | 1 | 4 | 12 | 10 | 3 | 1 | 6 | 12 | 16 | |||
| 7 | 16 | 22 | 3 | 3 | 1 | 17 | 13 | 2 | 4 | 3 | 12 | 10 | ||||
| 8 | 17 | 20 | 3 | 2 | 3 | 6 | 7 | 3 | 0 | 6 | 10 | 16 | ||||
| 9 | Montrose | 19 | 19 | 3 | 3 | 5 | 20 | 18 | 2 | 1 | 5 | 10 | 16 | |||
| 10 | Clyde | 15 | 6 | 0 | 2 | 5 | 6 | 15 | 1 | 1 | 6 | 7 | 21 | |||