| # | Team | MP | W | D | L | G | GD | Pts | Form |
|---|---|---|---|---|---|---|---|---|---|
| 1. | Peterhead | 18 | 12 | 3 | 3 | 38:17 | 21 | 39 | |
| 2. | Clyde | 18 | 11 | 2 | 5 | 28:17 | 11 | 35 | |
| 3. | Annan | 18 | 10 | 2 | 6 | 28:18 | 10 | 32 | |
| 4. | Edinburgh City | 18 | 9 | 4 | 5 | 27:19 | 8 | 31 | |
| 5. | Stirling | 18 | 5 | 6 | 7 | 25:27 | -2 | 21 | |
| 6. | Elgin City | 18 | 6 | 2 | 10 | 25:32 | -7 | 20 | |
| 7. | Cowdenbeath | 18 | 4 | 4 | 10 | 18:22 | -4 | 16 | |
| 8. | Queen's Park | 18 | 4 | 4 | 10 | 20:26 | -6 | 16 | |
| 9. | Albion Rovers | 18 | 4 | 3 | 11 | 18:31 | -13 | 15 | |
| 10. | Berwick | 18 | 2 | 2 | 14 | 14:51 | -37 | 8 |