| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Cowdenbeath | 26 | 53 | 11 | 2 | 0 | 29 | 6 | 4 | 6 | 3 | 24 | 16 | |||
| 2 | Arbroath | 27 | 52 | 9 | 5 | 0 | 40 | 17 | 5 | 5 | 3 | 24 | 21 | |||
| 3 | Dumbarton | 26 | 45 | 7 | 2 | 3 | 23 | 19 | 6 | 4 | 4 | 27 | 23 | |||
| 4 | Stenhousemuir | 26 | 37 | 7 | 2 | 4 | 24 | 15 | 4 | 2 | 7 | 17 | 24 | |||
| 5 | East Fife | 26 | 34 | 6 | 2 | 4 | 21 | 20 | 4 | 2 | 8 | 17 | 24 | |||
| 6 | Brechin City | 26 | 33 | 4 | 5 | 5 | 18 | 22 | 4 | 4 | 4 | 13 | 14 | |||
| 7 | Airdrie United | 27 | 30 | 5 | 4 | 5 | 32 | 29 | 2 | 5 | 6 | 18 | 28 | |||
| 8 | Forfar Athletic | 26 | 26 | 3 | 5 | 6 | 20 | 26 | 3 | 3 | 6 | 21 | 29 | |||
| 9 | Stirling Albion | 26 | 26 | 4 | 3 | 6 | 18 | 20 | 3 | 2 | 8 | 17 | 30 | |||
| 10 | Albion Rovers | 26 | 23 | 4 | 4 | 4 | 20 | 17 | 2 | 1 | 11 | 13 | 36 | |||