| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Peterhead | 54 | 90 | 10 | 16 | 2 | 22 | 9 | 10 | 14 | 2 | 31 | 11 | |||
| 2 | Edinburgh City | 54 | 87 | 11 | 14 | 3 | 31 | 9 | 8 | 16 | 2 | 21 | 9 | |||
| 3 | Clyde | 53 | 85 | 9 | 14 | 2 | 20 | 10 | 9 | 17 | 2 | 24 | 10 | |||
| 4 | Annan Athletic | 54 | 74 | 7 | 17 | 4 | 29 | 17 | 7 | 15 | 4 | 20 | 14 | |||
| 5 | Stirling Albion | 54 | 63 | 6 | 14 | 6 | 16 | 15 | 5 | 16 | 7 | 21 | 22 | |||
| 6 | Elgin City | 53 | 63 | 5 | 15 | 6 | 22 | 29 | 6 | 15 | 6 | 22 | 22 | |||
| 7 | Cowdenbeath | 54 | 55 | 5 | 16 | 7 | 20 | 21 | 3 | 15 | 8 | 13 | 17 | |||
| 8 | Queen's Park | 53 | 54 | 5 | 20 | 3 | 18 | 16 | 1 | 16 | 8 | 12 | 21 | |||
| 9 | 53 | 44 | 3 | 13 | 9 | 10 | 29 | 2 | 16 | 10 | 14 | 37 | ||||
| 10 | Albion Rovers | 54 | 34 | 1 | 16 | 9 | 10 | 31 | 0 | 15 | 13 | 8 | 35 | |||