| # | Team | MP | W | D | L | G | GD | Pts | Form |
|---|---|---|---|---|---|---|---|---|---|
| 1. | Livingston | 18 | 14 | 2 | 2 | 32:12 | 20 | 44 | |
| 2. | East Stirlingshire | 18 | 12 | 2 | 4 | 32:19 | 13 | 38 | |
| 3. | Forfar Athletic | 18 | 9 | 6 | 3 | 34:21 | 13 | 33 | |
| 4. | Albion Rovers | 18 | 9 | 5 | 4 | 21:12 | 9 | 32 | |
| 5. | Berwick | 18 | 9 | 3 | 6 | 19:18 | 1 | 30 | |
| 6. | Stranraer | 18 | 8 | 5 | 5 | 25:23 | 2 | 29 | |
| 7. | Annan | 18 | 7 | 6 | 5 | 19:16 | 3 | 27 | |
| 8. | Queen's Park | 18 | 7 | 2 | 9 | 24:27 | -3 | 23 | |
| 9. | Elgin City | 18 | 3 | 2 | 13 | 19:36 | -17 | 11 | |
| 10. | Montrose | 18 | 1 | 6 | 11 | 16:35 | -19 | 9 |