| P | W | D | L | CS | FtS | F | A | GD | Pt | PPG | ||
| 1 | Montrose | 18 | 11 | 3 | 4 | 7 | 3 | 36 | 15 | +21 | 36 | 2.00 |
| 2 | Forfar Athletic | 18 | 11 | 2 | 5 | 7 | 2 | 25 | 17 | +8 | 35 | 1.94 |
| 3 | Ross County | 18 | 9 | 5 | 4 | 8 | 3 | 24 | 18 | +6 | 32 | 1.78 |
| 4 | Alloa Athletic | 18 | 8 | 5 | 5 | 6 | 4 | 27 | 25 | +2 | 29 | 1.61 |
| 5 | East Stirlingshire | 18 | 8 | 3 | 7 | 3 | 4 | 33 | 30 | +3 | 27 | 1.50 |
| 6 | Cowdenbeath | 18 | 7 | 2 | 9 | 5 | 7 | 25 | 24 | +1 | 23 | 1.28 |
| 7 | Inverness CT | 18 | 7 | 2 | 9 | 3 | 4 | 21 | 28 | -7 | 23 | 1.28 |
| 8 | Arbroath | 18 | 7 | 2 | 9 | 4 | 3 | 30 | 39 | -9 | 23 | 1.28 |
| 9 | Queen's Park | 18 | 5 | 4 | 9 | 3 | 5 | 25 | 30 | -5 | 19 | 1.06 |
| 10 | Albion Rovers | 18 | 2 | 3 | 13 | 3 | 9 | 11 | 43 | -32 | 9 | 0.50 |
3 points for a win
Points per game, average goal difference then average goals scored applies
Points per game, average goal difference then average goals scored applies
