| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Forfar Athletic | 33 | 45 | 3 | 12 | 1 | 13 | 10 | 4 | 12 | 1 | 11 | 6 | |||
| 2 | Arbroath | 33 | 39 | 1 | 15 | 1 | 4 | 4 | 3 | 12 | 1 | 13 | 9 | |||
| 3 | Annan Athletic | 33 | 39 | 4 | 10 | 2 | 16 | 13 | 1 | 14 | 2 | 9 | 10 | |||
| 4 | Clyde | 32 | 39 | 5 | 11 | 0 | 16 | 10 | 0 | 13 | 3 | 4 | 9 | |||
| 5 | Cowdenbeath | 34 | 38 | 2 | 13 | 2 | 5 | 4 | 2 | 13 | 2 | 12 | 11 | |||
| 6 | Elgin City | 33 | 35 | 1 | 15 | 1 | 8 | 6 | 2 | 11 | 3 | 11 | 11 | |||
| 7 | Montrose | 33 | 35 | 2 | 14 | 1 | 9 | 6 | 1 | 12 | 3 | 4 | 10 | |||
| 8 | Stirling Albion | 34 | 34 | 1 | 14 | 2 | 5 | 9 | 1 | 14 | 2 | 5 | 6 | |||
| 9 | 33 | 32 | 2 | 11 | 4 | 6 | 8 | 0 | 15 | 1 | 5 | 6 | ||||
| 10 | Edinburgh City | 10 | 9 | 1 | 2 | 1 | 6 | 6 | 1 | 1 | 4 | 2 | 10 | |||