| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Peterhead | 56 | 94 | 11 | 17 | 2 | 24 | 10 | 10 | 14 | 2 | 31 | 11 | |||
| 2 | Edinburgh City | 56 | 91 | 12 | 15 | 3 | 33 | 9 | 8 | 16 | 2 | 21 | 9 | |||
| 3 | Clyde | 55 | 86 | 9 | 14 | 2 | 20 | 10 | 9 | 18 | 3 | 25 | 12 | |||
| 4 | Annan Athletic | 56 | 75 | 7 | 17 | 4 | 29 | 17 | 7 | 16 | 5 | 21 | 16 | |||
| 5 | Elgin City | 55 | 67 | 6 | 16 | 6 | 24 | 30 | 6 | 15 | 6 | 22 | 22 | |||
| 6 | Stirling Albion | 56 | 64 | 6 | 15 | 7 | 16 | 16 | 5 | 16 | 7 | 21 | 22 | |||
| 7 | Cowdenbeath | 56 | 57 | 5 | 16 | 7 | 20 | 21 | 3 | 17 | 8 | 14 | 18 | |||
| 8 | Queen's Park | 55 | 55 | 5 | 20 | 3 | 18 | 16 | 1 | 17 | 9 | 12 | 23 | |||
| 9 | 55 | 46 | 3 | 15 | 9 | 11 | 30 | 2 | 16 | 10 | 14 | 37 | ||||
| 10 | Albion Rovers | 56 | 38 | 1 | 16 | 9 | 10 | 31 | 1 | 16 | 13 | 9 | 35 | |||