| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1nonMover | Stranraer | 20 | 29 | 13 | 7 | 2 | 1 | 16 | 8 | 4 | 5 | 1 | 14 | 9 | ||
| 2nonMover | Berwick Rangers | 20 | 28 | 19 | 4 | 4 | 2 | 18 | 13 | 7 | 2 | 1 | 24 | 10 | ||
| 3nonMover | Stenhousemuir | 20 | 24 | 12 | 5 | 3 | 2 | 18 | 8 | 4 | 3 | 3 | 16 | 14 | ||
| 4nonMover | Queen of the South | 20 | 24 | 11 | 5 | 3 | 2 | 16 | 6 | 4 | 3 | 3 | 16 | 15 | ||
| 5nonMover | Meadowbank Thistle | 20 | 24 | 7 | 5 | 4 | 1 | 20 | 14 | 3 | 4 | 3 | 12 | 11 | ||
| 6nonMover | East Stirlingshire | 20 | 20 | 4 | 4 | 2 | 4 | 14 | 11 | 3 | 4 | 3 | 11 | 10 | ||
| 7nonMover | East Fife | 20 | 20 | 0 | 4 | 3 | 3 | 11 | 9 | 2 | 5 | 3 | 14 | 16 | ||
| 8nonMover | Forfar Athletic | 20 | 20 | -1 | 3 | 3 | 3 | 16 | 17 | 4 | 3 | 4 | 17 | 17 | ||
| 9nonMover | Queen's Park | 20 | 20 | -8 | 6 | 1 | 3 | 20 | 19 | 2 | 3 | 5 | 9 | 18 | ||
| 10nonMover | Montrose | 20 | 19 | 0 | 3 | 4 | 4 | 17 | 16 | 4 | 1 | 4 | 12 | 13 | ||
| 11nonMover | Arbroath | 20 | 17 | -13 | 3 | 5 | 2 | 8 | 12 | 3 | 0 | 7 | 11 | 20 | ||
| 12nonMover | Alloa Athletic | 20 | 16 | -5 | 2 | 4 | 4 | 9 | 12 | 1 | 6 | 3 | 10 | 12 | ||
| 13nonMover | Albion Rovers | 20 | 11 | -18 | 2 | 3 | 5 | 12 | 16 | 1 | 2 | 7 | 8 | 22 | ||
| 14nonMover | Cowdenbeath | 20 | 8 | -21 | 1 | 2 | 7 | 10 | 20 | 1 | 2 | 7 | 7 | 18 | ||