| # | Team | MP | W/W | W/D | W/L | D/W | D/D | D/L | L/W | L/D | L/L | Pts |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | Cove Rangers | 28 | 18 | 2 | 0 | 4 | 0 | 0 | 0 | 0 | 4 | 68 |
| 2. | Edinburgh City | 27 | 9 | 1 | 1 | 5 | 1 | 2 | 3 | 2 | 3 | 55 |
| 3. | Elgin City | 28 | 10 | 2 | 0 | 0 | 3 | 2 | 2 | 2 | 7 | 43 |
| 4. | Cowdenbeath | 27 | 9 | 2 | 1 | 3 | 3 | 2 | 0 | 0 | 7 | 41 |
| 5. | Queen's Park | 28 | 8 | 0 | 0 | 1 | 4 | 2 | 2 | 3 | 8 | 40 |
| 6. | Stirling | 28 | 7 | 1 | 2 | 3 | 4 | 6 | 0 | 1 | 4 | 36 |
| 7. | Annan | 27 | 6 | 0 | 0 | 3 | 4 | 1 | 0 | 0 | 13 | 31 |
| 8. | Stenhousemuir | 28 | 5 | 1 | 2 | 2 | 4 | 2 | 0 | 3 | 9 | 29 |
| 9. | Albion Rovers | 26 | 5 | 3 | 1 | 0 | 1 | 2 | 1 | 2 | 11 | 24 |
| 10. | Brechin | 27 | 2 | 1 | 1 | 2 | 4 | 4 | 0 | 0 | 13 | 17 |