| Position |
Team |
P |
W |
D |
L |
F |
A |
GD |
PTS |
| 1 |
Morton |
36 |
21 |
9 |
6 |
67 |
33 |
34 |
72 |
| 2 |
East Fife |
36 |
20 |
11 |
5 |
73 |
37 |
36 |
71 |
| 3 |
Albion Rovers |
36 |
20 |
10 |
6 |
62 |
36 |
26 |
70 |
| 4 |
Peterhead |
36 |
20 |
8 |
8 |
76 |
37 |
39 |
68 |
| 5 |
Stirling Albion |
36 |
15 |
11 |
10 |
50 |
44 |
6 |
56 |
| 6 |
Gretna |
36 |
11 |
12 |
13 |
50 |
50 |
0 |
45 |
| 7 |
Montrose |
36 |
7 |
12 |
17 |
35 |
61 |
-26 |
33 |
| 8 |
Queens Park |
36 |
7 |
11 |
18 |
39 |
51 |
-12 |
32 |
| 9 |
Elgin City |
36 |
5 |
13 |
18 |
33 |
63 |
-30 |
28 |
| 10 |
East Stirlingshire |
36 |
2 |
7 |
27 |
32 |
105 |
-73 |
13 |
|
