| # | Team | MP | W/W | W/D | W/L | D/W | D/D | D/L | L/W | L/D | L/L | Pts |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | Peterhead | 18 | 7 | 1 | 0 | 3 | 3 | 2 | 1 | 0 | 1 | 37 |
| 2. | Stenhousemuir | 18 | 7 | 3 | 0 | 1 | 4 | 0 | 1 | 0 | 2 | 34 |
| 3. | Dumbarton | 18 | 4 | 1 | 0 | 4 | 4 | 2 | 1 | 1 | 1 | 33 |
| 4. | Elgin City | 18 | 4 | 3 | 0 | 3 | 1 | 0 | 1 | 2 | 4 | 30 |
| 5. | Stranraer | 18 | 6 | 0 | 1 | 2 | 4 | 1 | 0 | 0 | 4 | 28 |
| 6. | Spartans | 18 | 2 | 1 | 0 | 4 | 3 | 3 | 0 | 2 | 3 | 24 |
| 7. | East Fife | 18 | 5 | 2 | 0 | 0 | 2 | 2 | 1 | 1 | 5 | 23 |
| 8. | Forfar Athletic | 18 | 2 | 2 | 0 | 0 | 4 | 2 | 3 | 2 | 3 | 23 |
| 9. | Clyde | 18 | 4 | 2 | 0 | 1 | 3 | 1 | 1 | 0 | 6 | 23 |
| 10. | Bonnyrigg Rose | 18 | 2 | 4 | 1 | 2 | 2 | 3 | 1 | 1 | 2 | 22 |