| # | Scottish League Two | G | W | D | L | GF | GA | Pts | +- | ||
| ^ | East Fife | 36 | 28 | 4 | 4 | 77 | 24 | 88 | 53 | Promoted | |
| - | Stranraer | 36 | 19 | 8 | 9 | 65 | 43 | 65 | 22 | ||
| - | Montrose | 36 | 17 | 8 | 11 | 59 | 36 | 59 | 23 | ||
| - | Arbroath | 36 | 14 | 10 | 12 | 54 | 47 | 52 | 7 | ||
| - | Stenhousemuir | 36 | 13 | 9 | 14 | 50 | 59 | 48 | -9 | ||
| - | Elgin City | 36 | 13 | 8 | 15 | 56 | 68 | 47 | -12 | ||
| - | Albion Rovers | 36 | 9 | 10 | 17 | 51 | 68 | 37 | -17 | ||
| - | Dumbarton | 36 | 9 | 10 | 17 | 31 | 48 | 37 | -17 | ||
| - | East Stirlingshire | 36 | 10 | 4 | 22 | 48 | 71 | 34 | -23 | ||
| - | Forfar Athletic | 36 | 8 | 9 | 19 | 35 | 62 | 33 | -27 |