| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Albion Rovers | 34 | 57 | 6 | 5 | 5 | 19 | 16 | 9 | 7 | 2 | 25 | 10 | |||
| 2 | Queen's Park | 30 | 56 | 9 | 5 | 1 | 23 | 7 | 6 | 6 | 3 | 20 | 15 | |||
| 3 | Annan Athletic | 34 | 46 | 9 | 5 | 4 | 28 | 20 | 2 | 8 | 6 | 12 | 17 | |||
| 4 | Arbroath | 34 | 45 | 6 | 7 | 4 | 24 | 16 | 5 | 5 | 7 | 24 | 23 | |||
| 5 | Elgin City | 37 | 44 | 4 | 11 | 6 | 17 | 20 | 5 | 6 | 5 | 21 | 19 | |||
| 6 | 33 | 42 | 5 | 3 | 7 | 15 | 20 | 6 | 6 | 6 | 15 | 22 | ||||
| 7 | 34 | 39 | 4 | 9 | 3 | 24 | 18 | 4 | 6 | 8 | 17 | 19 | ||||
| 8 | Clyde | 33 | 38 | 4 | 6 | 7 | 14 | 21 | 5 | 5 | 6 | 15 | 21 | |||
| 9 | Montrose | 33 | 26 | 3 | 2 | 10 | 14 | 31 | 2 | 9 | 7 | 13 | 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 | |||