"at the heart of the community"
League
| | | Home | | Away | | |
| TEAM | P | W | D | L | F | A | | W | D | L | F | A | GD | PTS |
| 1 | Alloa Athletic | 23 | 8 | 3 | 0 | 21 | 8 | | 7 | 3 | 2 | 21 | 16 | 18 | 51 |
| 2 | Stranraer | 23 | 7 | 2 | 3 | 32 | 22 | | 5 | 4 | 2 | 24 | 12 | 22 | 42 |
| 3 | Annan Athletic | 22 | 7 | 3 | 2 | 23 | 14 | | 3 | 3 | 4 | 12 | 15 | 6 | 36 |
| 4 | Queen's Park | 21 | 5 | 3 | 2 | 20 | 8 | | 5 | 1 | 5 | 17 | 19 | 10 | 34 |
| 5 | Elgin | 19 | 7 | 1 | 1 | 24 | 7 | | 1 | 3 | 6 | 8 | 25 | 0 | 28 |
| 6 | Berwick | 20 | 3 | 4 | 3 | 16 | 15 | | 3 | 3 | 4 | 18 | 20 | -1 | 25 |
| 7 | Peterhead | 21 | 4 | 3 | 4 | 15 | 15 | | 2 | 1 | 7 | 9 | 16 | -7 | 22 |
| 8 | Montrose | 22 | 4 | 2 | 4 | 19 | 21 | | 2 | 2 | 8 | 17 | 28 | -13 | 22 |
| 9 | Clyde | 20 | 3 | 2 | 5 | 13 | 12 | | 2 | 4 | 4 | 8 | 12 | -3 | 21 |
| 10 | East Stirling | 23 | 3 | 3 | 6 | 13 | 20 | | 0 | 2 | 9 | 8 | 33 | -32 | 14 |