| # | Team | MP | W | D | L | G | GD | Pts | Form |
|---|---|---|---|---|---|---|---|---|---|
| 1. | Queen's Park | 9 | 7 | 2 | 0 | 19:4 | 15 | 23 | |
| 2. | Stenhousemuir | 9 | 5 | 2 | 2 | 15:10 | 5 | 17 | |
| 3. | Stranraer | 9 | 5 | 1 | 3 | 17:8 | 9 | 16 | |
| 4. | Elgin City | 9 | 5 | 1 | 3 | 17:12 | 5 | 16 | |
| 5. | Stirling | 9 | 4 | 2 | 3 | 6:5 | 1 | 14 | |
| 6. | Edinburgh City | 9 | 4 | 1 | 4 | 16:13 | 3 | 13 | |
| 7. | Annan | 9 | 2 | 2 | 5 | 13:16 | -3 | 8 | |
| 8. | Cowdenbeath | 9 | 2 | 2 | 5 | 7:17 | -10 | 8 | |
| 9. | Albion Rovers | 9 | 1 | 2 | 6 | 6:15 | -9 | 5 | |
| 10. | Brechin | 9 | 0 | 3 | 6 | 6:23 | -17 | 3 |