| P | W | D | L | CS | FtS | F | A | GD | Pt | PPG | ||
| 1 | Alloa Athletic | 16 | 10 | 2 | 4 | 5 | 2 | 37 | 21 | +16 | 32 | 2.00 |
| 2 | Arbroath | 16 | 8 | 4 | 4 | 7 | 3 | 26 | 16 | +10 | 28 | 1.75 |
| 3 | Ross County | 16 | 6 | 5 | 5 | 3 | 6 | 29 | 23 | +6 | 23 | 1.44 |
| 4 | Queen's Park | 20 | 6 | 5 | 9 | 4 | 9 | 25 | 32 | -7 | 23 | 1.15 |
| 5 | East Stirlingshire | 16 | 5 | 2 | 9 | 5 | 4 | 18 | 33 | -15 | 17 | 1.06 |
| 6 | Dumbarton | 20 | 4 | 5 | 11 | 3 | 7 | 20 | 31 | -11 | 17 | 0.85 |
| 7 | Albion Rovers | 16 | 4 | 1 | 11 | 1 | 6 | 23 | 40 | -17 | 13 | 0.81 |
| 8 | Berwick Rangers | 20 | 3 | 7 | 10 | 3 | 9 | 20 | 35 | -15 | 16 | 0.80 |
| 9 | Cowdenbeath | 20 | 5 | 0 | 15 | 4 | 11 | 13 | 39 | -26 | 15 | 0.75 |
| 10 | Montrose | 20 | 3 | 2 | 15 | 1 | 4 | 24 | 56 | -32 | 11 | 0.55 |
Points per game, average goal difference then average goals scored applies










