| # | Team | PL | W | D | L | +/- | GD | PTS |
|---|---|---|---|---|---|---|---|---|
| 1 | Queen's Park | 18 | 15 | 3 | 0 | 37-8 | 29 | 48 |
| 2 | Edinburgh City | 18 | 11 | 2 | 5 | 37-22 | 15 | 35 |
| 3 | Stirling Albion | 18 | 9 | 5 | 4 | 27-15 | 12 | 32 |
| 4 | Stranraer | 18 | 9 | 4 | 5 | 30-18 | 12 | 31 |
| 5 | Elgin City | 18 | 9 | 2 | 7 | 29-22 | 7 | 29 |
| 6 | Stenhousemuir | 18 | 6 | 4 | 8 | 23-31 | -8 | 22 |
| 7 | Albion Rovers | 18 | 5 | 3 | 10 | 22-35 | -13 | 18 |
| 8 | Annan Athletic | 18 | 4 | 5 | 9 | 20-24 | -4 | 17 |
| 9 | Cowdenbeath | 18 | 3 | 5 | 10 | 10-29 | -19 | 14 |
| 10 | Brechin City | 18 | 1 | 3 | 14 | 10-41 | -31 | 6 |