| # | Scottish League Two | G | W | D | L | GF | GA | Pts | +- | ||
| ^ | Berwick Rangers | 36 | 24 | 3 | 9 | 51 | 29 | 75 | 22 | Promoted | |
| - | Arbroath | 36 | 22 | 4 | 10 | 61 | 33 | 70 | 28 | ||
| - | Queens Park | 36 | 21 | 5 | 10 | 57 | 28 | 68 | 29 | ||
| - | East Fife | 36 | 20 | 7 | 9 | 59 | 37 | 67 | 22 | ||
| - | Dumbarton | 36 | 18 | 5 | 13 | 52 | 37 | 59 | 15 | ||
| - | Albion Rovers | 36 | 14 | 6 | 16 | 56 | 61 | 48 | -5 | ||
| - | Stenhousemuir | 36 | 13 | 5 | 18 | 53 | 63 | 44 | -10 | ||
| - | Montrose | 36 | 11 | 4 | 21 | 42 | 62 | 37 | -20 | ||
| - | Elgin City | 36 | 9 | 2 | 25 | 39 | 69 | 29 | -30 | ||
| - | East Stirlingshire | 36 | 6 | 3 | 27 | 27 | 78 | 21 | -51 |