| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1nonMover | Alloa Athletic | 36 | 77 | 31 | 13 | 4 | 1 | 43 | 13 | 10 | 4 | 4 | 27 | 26 | ||
| 2nonMover | Queen's Park | 36 | 63 | 22 | 10 | 4 | 4 | 41 | 17 | 9 | 2 | 7 | 29 | 31 | ||
| 3nonMover | Stranraer | 36 | 58 | 20 | 10 | 2 | 6 | 43 | 33 | 7 | 5 | 6 | 34 | 24 | ||
| 4nonMover | Elgin City | 36 | 57 | 8 | 11 | 3 | 4 | 43 | 17 | 5 | 6 | 7 | 25 | 43 | ||
| 5MovingUp | Peterhead | 36 | 51 | -2 | 7 | 5 | 6 | 25 | 23 | 8 | 1 | 9 | 26 | 30 | ||
| 6MovingDown | Annan Athletic | 36 | 49 | 0 | 7 | 5 | 6 | 28 | 26 | 6 | 5 | 7 | 25 | 27 | ||
| 7nonMover | Berwick Rangers | 36 | 48 | 3 | 6 | 5 | 7 | 30 | 28 | 6 | 7 | 5 | 31 | 30 | ||
| 8MovingUp | Montrose | 36 | 38 | -17 | 7 | 3 | 8 | 34 | 33 | 4 | 2 | 12 | 24 | 42 | ||
| 9MovingDown | Clyde | 36 | 35 | -15 | 5 | 5 | 8 | 24 | 23 | 3 | 6 | 9 | 11 | 27 | ||
| 10nonMover | East Stirlingshire | 36 | 24 | -50 | 5 | 4 | 9 | 24 | 33 | 1 | 2 | 15 | 14 | 55 | ||