| # | Team | MP | W | D | L | G | GD | Pts | Form |
|---|---|---|---|---|---|---|---|---|---|
| 1. | Peterhead | 36 | 24 | 7 | 5 | 65:29 | 36 | 79 | |
| 2. | Clyde | 36 | 23 | 5 | 8 | 63:35 | 28 | 74 | |
| 3. | Edinburgh City | 36 | 20 | 7 | 9 | 58:31 | 27 | 67 | |
| 4. | Annan | 36 | 20 | 6 | 10 | 70:39 | 31 | 66 | |
| 5. | Stirling | 36 | 13 | 8 | 15 | 44:45 | -1 | 47 | |
| 6. | Cowdenbeath | 36 | 12 | 7 | 17 | 46:46 | 0 | 43 | |
| 7. | Queen's Park | 36 | 11 | 10 | 15 | 44:47 | -3 | 43 | |
| 8. | Elgin City | 36 | 13 | 4 | 19 | 52:67 | -15 | 43 | |
| 9. | Albion Rovers | 36 | 7 | 6 | 23 | 32:71 | -39 | 27 | |
| 10. | Berwick | 36 | 5 | 4 | 27 | 27:91 | -64 | 19 |