| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Forfar Athletic | 27 | 37 | 2 | 11 | 0 | 7 | 5 | 3 | 11 | 0 | 7 | 4 | |||
| 2 | Elgin City | 27 | 31 | 1 | 11 | 1 | 3 | 1 | 2 | 11 | 1 | 7 | 5 | |||
| 3 | Clyde | 26 | 31 | 3 | 10 | 0 | 10 | 6 | 0 | 12 | 1 | 3 | 4 | |||
| 4 | Stirling Albion | 28 | 29 | 1 | 13 | 0 | 4 | 2 | 0 | 13 | 1 | 2 | 3 | |||
| 5 | Annan Athletic | 27 | 29 | 2 | 10 | 1 | 7 | 6 | 0 | 13 | 1 | 2 | 4 | |||
| 6 | Cowdenbeath | 28 | 29 | 1 | 12 | 1 | 2 | 1 | 1 | 11 | 2 | 8 | 10 | |||
| 7 | Arbroath | 27 | 28 | 0 | 15 | 0 | 1 | 1 | 1 | 10 | 1 | 4 | 4 | |||
| 8 | 27 | 27 | 1 | 11 | 2 | 5 | 6 | 0 | 13 | 0 | 1 | 1 | ||||
| 9 | Montrose | 27 | 24 | 0 | 13 | 1 | 4 | 5 | 0 | 11 | 2 | 1 | 4 | |||
| 10 | Edinburgh City | 4 | 1 | 0 | 0 | 1 | 2 | 3 | 0 | 1 | 2 | 1 | 6 | |||