| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Edinburgh City | 44 | 72 | 8 | 11 | 3 | 25 | 8 | 8 | 13 | 1 | 21 | 8 | |||
| 2 | Peterhead | 43 | 69 | 7 | 12 | 2 | 18 | 8 | 8 | 12 | 2 | 27 | 10 | |||
| 3 | Clyde | 43 | 69 | 7 | 12 | 2 | 18 | 10 | 8 | 12 | 2 | 21 | 8 | |||
| 4 | Annan Athletic | 44 | 56 | 5 | 13 | 4 | 22 | 15 | 5 | 13 | 4 | 14 | 11 | |||
| 5 | Stirling Albion | 43 | 49 | 5 | 12 | 4 | 15 | 13 | 3 | 13 | 6 | 15 | 17 | |||
| 6 | Elgin City | 43 | 48 | 4 | 12 | 6 | 17 | 25 | 4 | 12 | 5 | 16 | 21 | |||
| 7 | Cowdenbeath | 42 | 46 | 4 | 13 | 4 | 15 | 12 | 3 | 12 | 6 | 12 | 13 | |||
| 8 | Queen's Park | 43 | 46 | 5 | 16 | 3 | 16 | 14 | 1 | 12 | 6 | 8 | 15 | |||
| 9 | 43 | 38 | 3 | 10 | 6 | 8 | 22 | 2 | 13 | 9 | 13 | 35 | ||||
| 10 | Albion Rovers | 42 | 28 | 1 | 13 | 8 | 9 | 27 | 0 | 12 | 8 | 7 | 25 | |||