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Pos	Team	Played	Won	Drawn	Lost	For	Ag	Diff	Avg	Points
1	Stirling Albion	39	20	14	5	62	24	38	1.59	54
2	Montrose	39	20	6	13	54	34	20	1.38	46
3	Cowdenbeath	39	18	9	12	64	50	14	1.64	45
4	Stenhousemuir	39	16	12	11	56	42	14	1.44	44
5	Queen's Park	39	17	8	14	48	42	6	1.23	42
6	Stranraer	39	19	4	16	62	58	4	1.59	42
7	Dumbarton	39	15	10	14	50	49	1	1.28	40
8	Berwick Rangers	39	15	10	14	51	57	-6	1.31	40
9	Alloa Athletic	39	13	11	15	51	46	5	1.31	37
10	East Fife	39	14	9	16	57	65	-8	1.46	37
11	Albion Rovers	39	11	13	15	48	63	-15	1.23	35
12	Queen of the South	39	9	12	18	46	62	-16	1.18	30
13	East Stirlingshire	39	9	11	19	36	72	-36	0.92	29
14	Arbroath	39	7	11	21	39	60	-21	1.00	25