| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Annan Athletic | 12 | 27 | 5 | 1 | 0 | 14 | 3 | 3 | 2 | 1 | 9 | 8 | |||
| 2 | Alloa Athletic | 13 | 25 | 3 | 3 | 0 | 11 | 7 | 4 | 1 | 2 | 9 | 11 | |||
| 3 | Elgin City | 12 | 21 | 5 | 0 | 1 | 16 | 5 | 1 | 3 | 2 | 6 | 8 | |||
| 4 | 13 | 21 | 3 | 1 | 2 | 10 | 7 | 3 | 2 | 2 | 16 | 13 | ||||
| 5 | Stranraer | 12 | 20 | 3 | 2 | 2 | 15 | 13 | 3 | 0 | 2 | 12 | 5 | |||
| 6 | Queen's Park | 12 | 18 | 2 | 2 | 1 | 7 | 5 | 3 | 1 | 3 | 11 | 13 | |||
| 7 | Clyde | 12 | 16 | 3 | 1 | 3 | 11 | 8 | 1 | 3 | 1 | 5 | 3 | |||
| 8 | Montrose | 13 | 13 | 3 | 0 | 3 | 12 | 16 | 1 | 1 | 5 | 10 | 17 | |||
| 9 | Peterhead | 12 | 6 | 0 | 3 | 3 | 6 | 11 | 1 | 0 | 5 | 5 | 10 | |||
| 10 | 13 | 5 | 1 | 1 | 5 | 5 | 13 | 0 | 1 | 5 | 5 | 19 | ||||