SM
| Team | P | W | D | L | F | A | GD | PTS | |
| 1 | Stirling AlbionStirling | 31 | 18 | 9 | 4 | 61 | 33 | 28 | 63 |
| 2 | Dumbarton | 31 | 16 | 6 | 9 | 45 | 37 | 8 | 54 |
| 3 | Annan AthleticAnnan | 32 | 13 | 8 | 11 | 55 | 46 | 9 | 47 |
| 4 | Forfar AthleticForfar | 32 | 12 | 9 | 11 | 35 | 38 | -3 | 45 |
| 5 | East FifeEast Fife | 32 | 12 | 8 | 12 | 44 | 47 | -3 | 44 |
| 6 | StenhousemuirStenhousemuir | 31 | 11 | 10 | 10 | 47 | 47 | 0 | 43 |
| 7 | StranraerStranraer | 32 | 10 | 8 | 14 | 37 | 47 | -10 | 38 |
| 8 | Bonnyrigg Rose AthleticBonnyrigg Rose | 32 | 9 | 8 | 15 | 32 | 45 | -13 | 35 |
| 9 | Albion RoversAlbion Rovers | 32 | 9 | 6 | 17 | 41 | 41 | 0 | 33 |
| 10 | Elgin CityElgin | 31 | 9 | 6 | 16 | 39 | 55 | -16 | 33 |
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