| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Montrose | 34 | 73 | 11 | 3 | 3 | 30 | 21 | 11 | 4 | 2 | 27 | 13 | |||
| 2 | Stirling Albion | 34 | 54 | 8 | 3 | 6 | 29 | 23 | 8 | 3 | 6 | 30 | 25 | |||
| 3 | Clyde | 34 | 48 | 7 | 6 | 4 | 22 | 21 | 6 | 3 | 8 | 26 | 26 | |||
| 4 | Elgin City | 34 | 48 | 10 | 4 | 3 | 31 | 15 | 4 | 2 | 11 | 22 | 44 | |||
| 5 | Annan Athletic | 34 | 41 | 5 | 8 | 4 | 21 | 16 | 5 | 3 | 9 | 23 | 24 | |||
| 6 | Edinburgh City | 34 | 30 | 4 | 4 | 9 | 18 | 28 | 3 | 5 | 9 | 17 | 29 | |||
| 7 | 32 | 29 | 4 | 4 | 7 | 18 | 25 | 3 | 4 | 10 | 8 | 31 | ||||
| 8 | Cowdenbeath | 34 | 22 | 3 | 3 | 11 | 12 | 33 | 1 | 7 | 9 | 11 | 20 | |||
| 9 | Arbroath | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| 10 | Forfar Athletic | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||