| Pos | Team | Pld | Pts | GA | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1nonMover | Brechin City | 39 | 55 | 2.03 | 13 | 5 | 2 | 46 | 17 | 8 | 8 | 3 | 31 | 21 | ||
| 2nonMover | Meadowbank Thistle | 39 | 54 | 1.44 | 13 | 2 | 4 | 37 | 20 | 10 | 6 | 4 | 28 | 25 | ||
| 3nonMover | Arbroath | 39 | 49 | 1.53 | 14 | 4 | 2 | 45 | 23 | 7 | 3 | 9 | 33 | 28 | ||
| 4nonMover | Forfar Athletic | 39 | 48 | 1.53 | 8 | 9 | 2 | 31 | 16 | 10 | 3 | 7 | 27 | 22 | ||
| 5nonMover | Stirling Albion | 39 | 46 | 1.39 | 12 | 5 | 2 | 35 | 17 | 6 | 5 | 9 | 22 | 24 | ||
| 6nonMover | East Fife | 39 | 43 | 1.58 | 8 | 5 | 6 | 35 | 20 | 8 | 6 | 6 | 33 | 23 | ||
| 7nonMover | Queen of the South | 39 | 42 | 1.36 | 8 | 6 | 6 | 44 | 30 | 9 | 2 | 8 | 31 | 25 | ||
| 8nonMover | Cowdenbeath | 39 | 38 | 1.02 | 10 | 4 | 5 | 35 | 25 | 3 | 8 | 9 | 19 | 28 | ||
| 9nonMover | Berwick Rangers | 39 | 36 | 0.78 | 6 | 7 | 6 | 25 | 30 | 7 | 3 | 10 | 22 | 30 | ||
| 10nonMover | Albion Rovers | 39 | 34 | 0.83 | 10 | 2 | 8 | 29 | 23 | 4 | 4 | 11 | 26 | 43 | ||
| 11nonMover | Stenhousemuir | 39 | 29 | 0.65 | 4 | 8 | 8 | 22 | 33 | 3 | 7 | 9 | 21 | 33 | ||
| 12nonMover | Stranraer | 39 | 27 | 0.58 | 6 | 4 | 10 | 21 | 33 | 4 | 3 | 12 | 25 | 47 | ||
| 13nonMover | East Stirlingshire | 39 | 23 | 0.52 | 4 | 4 | 12 | 20 | 38 | 3 | 5 | 11 | 21 | 41 | ||
| 14nonMover | Montrose | 39 | 22 | 0.43 | 5 | 2 | 12 | 18 | 33 | 3 | 4 | 13 | 19 | 53 | ||