| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Annan Athletic | 10 | 20 | 3 | 2 | 0 | 10 | 5 | 3 | 0 | 2 | 8 | 7 | |||
| 2 | East Fife | 10 | 17 | 3 | 1 | 1 | 9 | 3 | 2 | 1 | 2 | 7 | 5 | |||
| 3 | Queen's Park | 10 | 15 | 2 | 0 | 3 | 8 | 6 | 3 | 0 | 2 | 7 | 6 | |||
| 4 | Montrose | 10 | 15 | 4 | 0 | 1 | 10 | 5 | 1 | 0 | 4 | 5 | 9 | |||
| 5 | 10 | 15 | 3 | 2 | 1 | 8 | 7 | 1 | 1 | 2 | 5 | 11 | ||||
| 6 | Elgin City | 10 | 14 | 3 | 1 | 0 | 10 | 2 | 1 | 1 | 4 | 6 | 10 | |||
| 7 | Clyde | 10 | 14 | 2 | 1 | 2 | 8 | 7 | 2 | 1 | 2 | 3 | 4 | |||
| 8 | Arbroath | 10 | 13 | 2 | 0 | 4 | 6 | 9 | 2 | 1 | 1 | 7 | 5 | |||
| 9 | Stirling Albion | 10 | 11 | 1 | 0 | 3 | 3 | 6 | 2 | 2 | 2 | 6 | 7 | |||
| 10 | 10 | 9 | 3 | 0 | 2 | 8 | 8 | 0 | 0 | 5 | 4 | 16 | ||||