| # | Scottish League Two | G | W | D | L | GF | GA | Pts | +- | ||
| ^ | East Fife | 36 | 18 | 8 | 10 | 62 | 41 | 62 | 21 | Promoted | |
| - | Elgin City | 36 | 17 | 8 | 11 | 59 | 46 | 59 | 13 | ||
| - | Clyde | 36 | 17 | 6 | 13 | 56 | 45 | 57 | 11 | ||
| Queens Park | 36 | 15 | 11 | 10 | 46 | 32 | 56 | 14 | Promoted | ||
| - | Annan Athletic | 36 | 16 | 8 | 12 | 69 | 57 | 56 | 12 | ||
| - | Berwick Rangers | 36 | 14 | 7 | 15 | 45 | 50 | 49 | -5 | ||
| - | Stirling Albion | 36 | 13 | 9 | 14 | 47 | 46 | 48 | 1 | ||
| - | Montrose | 36 | 11 | 10 | 15 | 50 | 70 | 43 | -20 | ||
| - | Arbroath | 36 | 11 | 6 | 19 | 42 | 51 | 39 | -9 | ||
| * | East Stirlingshire | 36 | 9 | 5 | 22 | 41 | 79 | 32 | -38 | Relegated |