| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Cowdenbeath | 21 | 44 | 9 | 2 | 0 | 25 | 6 | 4 | 3 | 3 | 21 | 13 | |||
| 2 | Arbroath | 21 | 42 | 8 | 2 | 0 | 31 | 11 | 4 | 4 | 3 | 20 | 19 | |||
| 3 | Stenhousemuir | 21 | 31 | 7 | 2 | 3 | 23 | 12 | 2 | 2 | 5 | 12 | 19 | |||
| 4 | Dumbarton | 20 | 31 | 4 | 2 | 3 | 15 | 18 | 5 | 2 | 4 | 22 | 19 | |||
| 5 | Airdrie United | 23 | 28 | 5 | 3 | 4 | 31 | 25 | 2 | 4 | 5 | 16 | 24 | |||
| 6 | East Fife | 21 | 27 | 4 | 2 | 3 | 14 | 18 | 4 | 1 | 7 | 13 | 19 | |||
| 7 | Brechin City | 20 | 25 | 3 | 3 | 4 | 13 | 16 | 3 | 4 | 3 | 10 | 11 | |||
| 8 | Albion Rovers | 22 | 22 | 4 | 3 | 4 | 18 | 15 | 2 | 1 | 8 | 13 | 29 | |||
| 9 | Forfar Athletic | 20 | 21 | 2 | 4 | 5 | 15 | 21 | 3 | 2 | 4 | 18 | 19 | |||
| 10 | Stirling Albion | 21 | 19 | 3 | 2 | 5 | 12 | 16 | 2 | 2 | 7 | 13 | 25 | |||