| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Cowdenbeath | 12 | 26 | 5 | 0 | 0 | 13 | 5 | 3 | 2 | 2 | 16 | 9 | |||
| 2 | Arbroath | 12 | 26 | 6 | 1 | 0 | 22 | 9 | 2 | 1 | 2 | 8 | 9 | |||
| 3 | Stenhousemuir | 12 | 21 | 5 | 1 | 0 | 15 | 4 | 1 | 2 | 3 | 8 | 13 | |||
| 4 | East Fife | 12 | 16 | 3 | 1 | 2 | 9 | 13 | 2 | 0 | 4 | 9 | 10 | |||
| 5 | Brechin City | 12 | 14 | 2 | 2 | 2 | 9 | 8 | 1 | 3 | 2 | 5 | 7 | |||
| 6 | Dumbarton | 12 | 14 | 1 | 1 | 3 | 7 | 15 | 3 | 1 | 3 | 16 | 13 | |||
| 7 | Albion Rovers | 12 | 14 | 3 | 1 | 2 | 11 | 8 | 1 | 1 | 4 | 8 | 16 | |||
| 8 | Forfar Athletic | 12 | 12 | 1 | 3 | 3 | 8 | 12 | 2 | 0 | 3 | 9 | 10 | |||
| 9 | Airdrie United | 12 | 12 | 3 | 1 | 2 | 15 | 11 | 0 | 2 | 4 | 7 | 17 | |||
| 10 | Stirling Albion | 12 | 12 | 2 | 2 | 2 | 8 | 9 | 1 | 1 | 4 | 8 | 13 | |||