| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Albion Rovers | 38 | 64 | 7 | 6 | 5 | 22 | 17 | 10 | 7 | 3 | 28 | 13 | |||
| 2 | Queen's Park | 34 | 62 | 10 | 6 | 1 | 26 | 8 | 6 | 8 | 3 | 23 | 18 | |||
| 3 | Annan Athletic | 38 | 53 | 10 | 5 | 4 | 30 | 21 | 3 | 9 | 7 | 18 | 24 | |||
| 4 | Elgin City | 42 | 49 | 5 | 13 | 7 | 26 | 29 | 5 | 6 | 6 | 22 | 21 | |||
| 5 | Arbroath | 38 | 48 | 6 | 9 | 4 | 26 | 18 | 5 | 6 | 8 | 26 | 26 | |||
| 6 | Clyde | 37 | 45 | 5 | 6 | 8 | 17 | 24 | 6 | 6 | 6 | 16 | 21 | |||
| 7 | 39 | 44 | 4 | 10 | 4 | 24 | 21 | 5 | 7 | 9 | 24 | 24 | ||||
| 8 | 37 | 44 | 5 | 3 | 9 | 15 | 25 | 6 | 8 | 6 | 16 | 23 | ||||
| 9 | Montrose | 37 | 33 | 4 | 3 | 11 | 18 | 35 | 3 | 9 | 7 | 14 | 31 | |||
| 10 | Stirling Albion | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| 11 | Peterhead | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||