| # | Team | MP | W/W | W/D | W/L | D/W | D/D | D/L | L/W | L/D | L/L | Pts |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | Arbroath | 36 | 8 | 4 | 0 | 6 | 8 | 5 | 4 | 0 | 1 | 66 |
| 2. | Forfar Athletic | 36 | 12 | 2 | 2 | 2 | 6 | 3 | 4 | 2 | 3 | 64 |
| 3. | Annan | 36 | 11 | 3 | 2 | 6 | 1 | 5 | 1 | 0 | 7 | 58 |
| 4. | Montrose | 36 | 9 | 0 | 1 | 4 | 4 | 4 | 1 | 6 | 7 | 52 |
| 5. | Elgin City | 36 | 12 | 3 | 4 | 2 | 4 | 2 | 0 | 2 | 7 | 51 |
| 6. | Stirling | 36 | 7 | 1 | 1 | 3 | 7 | 6 | 2 | 3 | 6 | 47 |
| 7. | Edinburgh City | 36 | 4 | 3 | 1 | 6 | 4 | 3 | 1 | 3 | 11 | 43 |
| 8. | Berwick | 36 | 5 | 4 | 1 | 4 | 4 | 3 | 1 | 2 | 12 | 40 |
| 9. | Clyde | 36 | 5 | 2 | 3 | 3 | 5 | 3 | 2 | 1 | 12 | 38 |
| 10. | Cowdenbeath | 36 | 5 | 1 | 1 | 4 | 3 | 6 | 0 | 4 | 12 | 35 |