| P | W | D | L | CS | FtS | F | A | GD | Pt | PPG | ||
| 1 | Queen's Park | 36 | 20 | 9 | 7 | 13 | 8 | 54 | 37 | +17 | 69 | 1.92 |
| 2 | Berwick Rangers | 36 | 19 | 9 | 8 | 14 | 9 | 53 | 30 | +23 | 66 | 1.83 |
| 3 | Forfar Athletic | 36 | 17 | 10 | 9 | 14 | 7 | 64 | 40 | +24 | 61 | 1.69 |
| 4 | East Fife | 36 | 17 | 8 | 11 | 13 | 7 | 45 | 39 | +6 | 59 | 1.64 |
| 5 | Cowdenbeath | 36 | 15 | 9 | 12 | 11 | 9 | 59 | 43 | +16 | 54 | 1.50 |
| 6 | Dumbarton | 36 | 15 | 8 | 13 | 9 | 9 | 53 | 51 | +2 | 53 | 1.47 |
| 7 | East Stirlingshire | 36 | 11 | 7 | 18 | 8 | 18 | 28 | 50 | -22 | 40 | 1.11 |
| 8 | Brechin City | 36 | 10 | 8 | 18 | 11 | 13 | 42 | 51 | -9 | 38 | 1.06 |
| 9 | Montrose | 36 | 10 | 7 | 19 | 7 | 11 | 39 | 54 | -15 | 37 | 1.03 |
| 10 | Albion Rovers | 36 | 5 | 7 | 24 | 6 | 15 | 33 | 75 | -42 | 22 | 0.61 |
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
