| # | Team | MP | W/W | W/D | W/L | D/W | D/D | D/L | L/W | L/D | L/L | Pts |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | Stirling | 36 | 12 | 2 | 0 | 7 | 5 | 2 | 2 | 3 | 3 | 73 |
| 2. | Dumbarton | 36 | 12 | 1 | 1 | 5 | 6 | 5 | 1 | 1 | 4 | 62 |
| 3. | Annan | 36 | 8 | 4 | 1 | 4 | 3 | 4 | 2 | 2 | 8 | 51 |
| 4. | East Fife | 36 | 8 | 2 | 1 | 4 | 3 | 4 | 2 | 3 | 9 | 50 |
| 5. | Forfar Athletic | 36 | 5 | 0 | 1 | 7 | 8 | 5 | 1 | 1 | 8 | 48 |
| 6. | Stenhousemuir | 36 | 7 | 2 | 1 | 3 | 5 | 2 | 2 | 4 | 10 | 47 |
| 7. | Stranraer | 36 | 10 | 1 | 0 | 2 | 4 | 6 | 0 | 4 | 9 | 45 |
| 8. | Bonnyrigg Rose | 36 | 5 | 1 | 2 | 6 | 8 | 3 | 0 | 0 | 11 | 42 |
| 9. | Elgin City | 36 | 6 | 3 | 1 | 5 | 3 | 4 | 0 | 1 | 13 | 40 |
| 10. | Albion Rovers | 36 | 7 | 3 | 2 | 4 | 3 | 12 | 0 | 0 | 5 | 39 |