| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Edinburgh City | 48 | 78 | 9 | 12 | 3 | 28 | 9 | 8 | 15 | 1 | 21 | 8 | |||
| 2 | Peterhead | 46 | 72 | 7 | 14 | 2 | 18 | 8 | 8 | 13 | 2 | 27 | 10 | |||
| 3 | Clyde | 46 | 72 | 7 | 12 | 2 | 18 | 10 | 8 | 15 | 2 | 22 | 9 | |||
| 4 | Annan Athletic | 47 | 59 | 5 | 15 | 4 | 23 | 16 | 5 | 14 | 4 | 14 | 11 | |||
| 5 | Stirling Albion | 47 | 57 | 6 | 13 | 4 | 16 | 13 | 4 | 14 | 6 | 17 | 18 | |||
| 6 | Elgin City | 46 | 53 | 4 | 13 | 6 | 17 | 25 | 5 | 13 | 5 | 19 | 21 | |||
| 7 | Cowdenbeath | 45 | 49 | 4 | 14 | 4 | 15 | 12 | 3 | 14 | 6 | 13 | 14 | |||
| 8 | Queen's Park | 46 | 49 | 5 | 18 | 3 | 17 | 15 | 1 | 13 | 6 | 8 | 15 | |||
| 9 | 46 | 40 | 3 | 12 | 7 | 9 | 24 | 2 | 13 | 9 | 13 | 35 | ||||
| 10 | Albion Rovers | 47 | 30 | 1 | 14 | 9 | 9 | 30 | 0 | 13 | 10 | 8 | 29 | |||