| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Cowdenbeath | 10 | 23 | 5 | 0 | 0 | 13 | 5 | 2 | 2 | 1 | 13 | 7 | |||
| 2 | Arbroath | 10 | 20 | 4 | 1 | 0 | 17 | 6 | 2 | 1 | 2 | 8 | 9 | |||
| 3 | Stenhousemuir | 10 | 18 | 4 | 1 | 0 | 11 | 4 | 1 | 2 | 2 | 8 | 12 | |||
| 4 | East Fife | 10 | 13 | 3 | 1 | 1 | 8 | 10 | 1 | 0 | 4 | 6 | 9 | |||
| 5 | Airdrie United | 10 | 12 | 3 | 1 | 1 | 14 | 8 | 0 | 2 | 3 | 5 | 10 | |||
| 6 | Stirling Albion | 10 | 12 | 2 | 2 | 1 | 8 | 8 | 1 | 1 | 3 | 8 | 9 | |||
| 7 | Forfar Athletic | 10 | 11 | 1 | 2 | 2 | 8 | 10 | 2 | 0 | 3 | 9 | 10 | |||
| 8 | Dumbarton | 10 | 11 | 1 | 1 | 3 | 7 | 15 | 2 | 1 | 2 | 12 | 9 | |||
| 9 | Brechin City | 10 | 10 | 1 | 2 | 2 | 8 | 8 | 1 | 2 | 2 | 5 | 7 | |||
| 10 | Albion Rovers | 10 | 8 | 2 | 1 | 2 | 4 | 6 | 0 | 1 | 4 | 6 | 16 | |||