| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Peterhead | 15 | 27 | 2 | 6 | 0 | 13 | 9 | 5 | 0 | 2 | 19 | 9 | |||
| 2 | Clyde | 16 | 27 | 4 | 1 | 3 | 10 | 10 | 4 | 2 | 2 | 8 | 7 | |||
| 3 | 16 | 23 | 2 | 3 | 3 | 10 | 13 | 4 | 2 | 2 | 11 | 9 | ||||
| 4 | Stirling Albion | 15 | 22 | 4 | 1 | 2 | 11 | 7 | 2 | 3 | 3 | 13 | 16 | |||
| 5 | Montrose | 16 | 22 | 3 | 2 | 3 | 12 | 12 | 3 | 2 | 3 | 11 | 11 | |||
| 6 | 16 | 20 | 4 | 2 | 2 | 15 | 8 | 1 | 3 | 4 | 6 | 9 | ||||
| 7 | Annan Athletic | 14 | 20 | 2 | 2 | 2 | 12 | 12 | 3 | 3 | 2 | 15 | 13 | |||
| 8 | Albion Rovers | 16 | 20 | 3 | 2 | 3 | 8 | 7 | 2 | 3 | 3 | 12 | 11 | |||
| 9 | Elgin City | 15 | 20 | 4 | 1 | 3 | 18 | 14 | 1 | 4 | 2 | 12 | 15 | |||
| 10 | Queen's Park | 15 | 7 | 0 | 3 | 5 | 8 | 21 | 1 | 1 | 5 | 6 | 17 | |||