| # | Team | MP | W | D | L | G | GD | Pts | Form |
|---|---|---|---|---|---|---|---|---|---|
| 1. | Cove Rangers | 14 | 14 | 0 | 0 | 37:7 | 30 | 42 | |
| 2. | Edinburgh City | 14 | 10 | 2 | 2 | 28:9 | 19 | 32 | |
| 3. | Cowdenbeath | 14 | 10 | 2 | 2 | 23:15 | 8 | 32 | |
| 4. | Elgin City | 14 | 7 | 2 | 5 | 30:19 | 11 | 23 | |
| 5. | Queen's Park | 14 | 6 | 5 | 3 | 21:17 | 4 | 23 | |
| 6. | Annan | 14 | 6 | 4 | 4 | 24:22 | 2 | 22 | |
| 7. | Albion Rovers | 12 | 5 | 2 | 5 | 23:23 | 0 | 17 | |
| 8. | Stenhousemuir | 15 | 3 | 4 | 8 | 16:29 | -13 | 13 | |
| 9. | Stirling | 13 | 3 | 3 | 7 | 13:21 | -8 | 12 | |
| 10. | Brechin | 13 | 2 | 3 | 8 | 12:25 | -13 | 9 |