| P | W | D | L | CS | FtS | F | A | GD | Pt | PPG | ||
| 1 | Berwick Rangers | 18 | 12 | 3 | 3 | 7 | 2 | 33 | 16 | +17 | 39 | 2.17 |
| 2 | Queen's Park | 18 | 9 | 7 | 2 | 8 | 4 | 26 | 17 | +9 | 34 | 1.89 |
| 3 | Cowdenbeath | 18 | 9 | 4 | 5 | 6 | 4 | 29 | 20 | +9 | 31 | 1.72 |
| 4 | Forfar Athletic | 18 | 7 | 5 | 6 | 7 | 5 | 25 | 22 | +3 | 26 | 1.44 |
| 5 | East Fife | 18 | 8 | 2 | 8 | 5 | 4 | 21 | 23 | -2 | 26 | 1.44 |
| 6 | Dumbarton | 18 | 8 | 1 | 9 | 4 | 5 | 27 | 29 | -2 | 25 | 1.39 |
| 7 | Montrose | 18 | 5 | 5 | 8 | 4 | 7 | 20 | 23 | -3 | 20 | 1.11 |
| 8 | East Stirlingshire | 18 | 5 | 5 | 8 | 4 | 8 | 13 | 23 | -10 | 20 | 1.11 |
| 9 | Brechin City | 18 | 4 | 5 | 9 | 6 | 8 | 17 | 26 | -9 | 17 | 0.94 |
| 10 | Albion Rovers | 18 | 3 | 4 | 11 | 3 | 5 | 20 | 40 | -20 | 13 | 0.72 |
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
