| # | Team | P | GD | Pts |
|---|
1 | Stenhousemuir | 36 | 18 | 14 | 4 | 50:31 | +19 | 68 | DDDDL | 5:0 vs Stranraer | 1:6 vs Clyde |
2 | Peterhead | 36 | 16 | 12 | 8 | 58:39 | +19 | 60 | DWDDW | 6:0 vs Elgin City | 0:2 vs Stenhousemuir |
3 | Spartans | 36 | 15 | 13 | 8 | 53:43 | +10 | 58 | DDWDW | 4:0 vs Elgin City | 2:6 vs Dumbarton |
4 | Dumbarton | 36 | 16 | 9 | 11 | 56:44 | +12 | 57 | WWDDL | 4:0 vs Clyde | 0:5 vs Stranraer |
5 | East Fife | 36 | 11 | 11 | 14 | 46:47 | -1 | 44 | DLLLL | 4:0 vs Stranraer | 0:3 vs Peterhead |
6 | Forfar Athletic | 36 | 9 | 15 | 12 | 38:45 | -7 | 42 | LLWWL | 2:0 vs Stranraer | 0:4 vs Bonnyrigg Rose |
7 | Elgin City | 36 | 10 | 10 | 16 | 35:59 | -24 | 40 | DDDDL | 2:0 vs Dumbarton | 0:6 vs Peterhead |
8 | Bonnyrigg Rose | 36 | 9 | 12 | 15 | 47:48 | -1 | 39 | DWLDW | 5:1 vs Elgin City | 0:4 vs Dumbarton |
9 | Clyde | 36 | 9 | 11 | 16 | 46:58 | -12 | 38 | WLDWW | 6:1 vs Stenhousemuir | 0:4 vs Dumbarton |
10 | Stranraer | 36 | 9 | 9 | 18 | 38:53 | -15 | 36 | LDDLW | 5:0 vs Dumbarton | 0:5 vs Stenhousemuir |