| # | Team | MP | W | D | L | G | GD | Pts | Form |
|---|---|---|---|---|---|---|---|---|---|
| 1. | Arbroath | 36 | 18 | 12 | 6 | 63:36 | 27 | 66 | |
| 2. | Forfar Athletic | 36 | 18 | 10 | 8 | 69:49 | 20 | 64 | |
| 3. | Annan | 36 | 18 | 4 | 14 | 61:58 | 3 | 58 | |
| 4. | Montrose | 36 | 14 | 10 | 12 | 44:53 | -9 | 52 | |
| 5. | Elgin City | 36 | 14 | 9 | 13 | 67:47 | 20 | 51 | |
| 6. | Stirling | 36 | 12 | 11 | 13 | 50:59 | -9 | 47 | |
| 7. | Edinburgh City | 36 | 11 | 10 | 15 | 38:45 | -7 | 43 | |
| 8. | Berwick | 36 | 10 | 10 | 16 | 50:65 | -15 | 40 | |
| 9. | Clyde | 36 | 10 | 8 | 18 | 49:64 | -15 | 38 | |
| 10. | Cowdenbeath | 36 | 9 | 8 | 19 | 40:55 | -15 | 35 |