| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Brechin City | 27 | 35 | 2 | 12 | 0 | 5 | 3 | 2 | 11 | 0 | 4 | 1 | |||
| 2 | 27 | 34 | 2 | 11 | 0 | 9 | 2 | 2 | 11 | 1 | 7 | 4 | ||||
| 3 | Alloa Athletic | 27 | 34 | 2 | 10 | 1 | 7 | 4 | 2 | 12 | 0 | 9 | 2 | |||
| 4 | East Fife | 27 | 29 | 1 | 12 | 1 | 5 | 4 | 1 | 11 | 1 | 4 | 2 | |||
| 5 | Airdrie United | 27 | 29 | 1 | 12 | 1 | 3 | 4 | 1 | 11 | 1 | 7 | 6 | |||
| 6 | Queen's Park | 27 | 29 | 1 | 12 | 1 | 2 | 3 | 1 | 11 | 1 | 2 | 3 | |||
| 7 | Albion Rovers | 27 | 27 | 1 | 10 | 2 | 4 | 6 | 0 | 14 | 0 | 4 | 4 | |||
| 8 | Peterhead | 27 | 26 | 1 | 11 | 1 | 4 | 5 | 0 | 12 | 2 | 0 | 5 | |||
| 9 | Stranraer | 27 | 25 | 1 | 11 | 1 | 3 | 5 | 0 | 11 | 3 | 1 | 8 | |||
| 10 | Stenhousemuir | 27 | 23 | 0 | 13 | 1 | 3 | 4 | 0 | 10 | 3 | 2 | 10 | |||