| # | Team | MP | W | D | L | G | GD | Pts | Form |
|---|---|---|---|---|---|---|---|---|---|
| 1. | Annan | 18 | 12 | 1 | 5 | 35:23 | 12 | 37 | |
| 2. | Arbroath | 18 | 8 | 5 | 5 | 30:18 | 12 | 29 | |
| 3. | Forfar Athletic | 18 | 8 | 5 | 5 | 38:28 | 10 | 29 | |
| 4. | Elgin City | 18 | 7 | 7 | 4 | 36:22 | 14 | 28 | |
| 5. | Clyde | 18 | 8 | 4 | 6 | 33:30 | 3 | 28 | |
| 6. | Stirling | 18 | 6 | 6 | 6 | 20:25 | -5 | 24 | |
| 7. | Edinburgh City | 18 | 5 | 6 | 7 | 21:20 | 1 | 21 | |
| 8. | Berwick | 18 | 6 | 3 | 9 | 28:32 | -4 | 21 | |
| 9. | Montrose | 18 | 5 | 6 | 7 | 22:30 | -8 | 21 | |
| 10. | Cowdenbeath | 18 | 4 | 3 | 11 | 15:25 | -10 | 15 |