| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Edinburgh City | 40 | 69 | 8 | 10 | 2 | 24 | 6 | 8 | 11 | 1 | 18 | 5 | |||
| 2 | Peterhead | 39 | 64 | 6 | 11 | 2 | 16 | 8 | 8 | 11 | 1 | 27 | 7 | |||
| 3 | Clyde | 40 | 64 | 6 | 10 | 2 | 17 | 10 | 8 | 12 | 2 | 21 | 8 | |||
| 4 | Annan Athletic | 40 | 48 | 4 | 12 | 4 | 19 | 15 | 4 | 12 | 4 | 12 | 10 | |||
| 5 | Elgin City | 40 | 45 | 4 | 10 | 6 | 14 | 22 | 4 | 11 | 5 | 16 | 21 | |||
| 6 | Cowdenbeath | 39 | 44 | 4 | 12 | 4 | 15 | 12 | 3 | 11 | 5 | 12 | 12 | |||
| 7 | Stirling Albion | 39 | 43 | 5 | 10 | 4 | 14 | 12 | 2 | 12 | 6 | 10 | 17 | |||
| 8 | Queen's Park | 39 | 40 | 4 | 15 | 3 | 9 | 13 | 1 | 10 | 6 | 7 | 14 | |||
| 9 | 39 | 36 | 3 | 10 | 6 | 8 | 22 | 2 | 11 | 7 | 12 | 26 | ||||
| 10 | Albion Rovers | 39 | 26 | 1 | 12 | 7 | 9 | 22 | 0 | 11 | 8 | 7 | 25 | |||