| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Peterhead | 20 | 39 | 4 | 6 | 0 | 18 | 11 | 7 | 0 | 3 | 25 | 14 | |||
| 2 | Clyde | 20 | 32 | 4 | 2 | 3 | 12 | 12 | 5 | 3 | 3 | 11 | 11 | |||
| 3 | 20 | 31 | 3 | 5 | 3 | 15 | 16 | 5 | 2 | 2 | 12 | 9 | ||||
| 4 | Annan Athletic | 18 | 29 | 3 | 2 | 3 | 14 | 14 | 5 | 3 | 2 | 21 | 14 | |||
| 5 | Albion Rovers | 20 | 28 | 5 | 2 | 3 | 11 | 8 | 2 | 5 | 3 | 15 | 14 | |||
| 6 | 21 | 27 | 5 | 2 | 4 | 21 | 15 | 2 | 4 | 4 | 10 | 9 | ||||
| 7 | Stirling Albion | 19 | 26 | 4 | 2 | 2 | 12 | 8 | 3 | 3 | 5 | 15 | 23 | |||
| 8 | Montrose | 21 | 24 | 3 | 3 | 5 | 14 | 17 | 3 | 3 | 4 | 13 | 14 | |||
| 9 | Elgin City | 20 | 23 | 5 | 1 | 4 | 21 | 16 | 1 | 4 | 5 | 14 | 21 | |||
| 10 | Queen's Park | 19 | 10 | 1 | 3 | 7 | 10 | 26 | 1 | 1 | 6 | 7 | 19 | |||