| # | Team | MP | W/W | W/D | W/L | D/W | D/D | D/L | L/W | L/D | L/L | Pts |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | Peterhead | 36 | 17 | 2 | 1 | 6 | 5 | 2 | 1 | 0 | 2 | 79 |
| 2. | Clyde | 36 | 14 | 2 | 0 | 7 | 1 | 5 | 2 | 2 | 3 | 74 |
| 3. | Edinburgh City | 36 | 14 | 2 | 1 | 6 | 4 | 5 | 0 | 1 | 3 | 67 |
| 4. | Annan | 36 | 12 | 1 | 0 | 6 | 3 | 6 | 2 | 2 | 4 | 66 |
| 5. | Stirling | 36 | 8 | 1 | 0 | 5 | 5 | 4 | 0 | 2 | 11 | 47 |
| 6. | Cowdenbeath | 36 | 7 | 0 | 3 | 4 | 5 | 5 | 1 | 2 | 9 | 43 |
| 7. | Queen's Park | 36 | 8 | 0 | 1 | 3 | 9 | 3 | 0 | 1 | 11 | 43 |
| 8. | Elgin City | 36 | 4 | 1 | 1 | 7 | 2 | 2 | 2 | 1 | 16 | 43 |
| 9. | Albion Rovers | 36 | 5 | 3 | 0 | 2 | 3 | 8 | 0 | 0 | 15 | 27 |
| 10. | Berwick | 36 | 3 | 1 | 1 | 2 | 1 | 8 | 0 | 2 | 18 | 19 |