| P | W | D | L | CS | FtS | F | A | GD | Pt | PPG | ||
| 1 | Forfar Athletic | 18 | 10 | 5 | 3 | 7 | 2 | 39 | 18 | +21 | 35 | 1.94 |
| 2 | Queen's Park | 18 | 11 | 2 | 5 | 5 | 4 | 28 | 20 | +8 | 35 | 1.94 |
| 3 | East Fife | 18 | 9 | 6 | 3 | 8 | 3 | 24 | 16 | +8 | 33 | 1.83 |
| 4 | Dumbarton | 18 | 7 | 7 | 4 | 5 | 4 | 26 | 22 | +4 | 28 | 1.56 |
| 5 | Berwick Rangers | 18 | 7 | 6 | 5 | 7 | 7 | 20 | 14 | +6 | 27 | 1.50 |
| 6 | Cowdenbeath | 18 | 6 | 5 | 7 | 5 | 5 | 30 | 23 | +7 | 23 | 1.28 |
| 7 | Brechin City | 18 | 6 | 3 | 9 | 5 | 5 | 25 | 25 | 0 | 21 | 1.17 |
| 8 | East Stirlingshire | 18 | 6 | 2 | 10 | 4 | 10 | 15 | 27 | -12 | 20 | 1.11 |
| 9 | Montrose | 18 | 5 | 2 | 11 | 3 | 4 | 19 | 31 | -12 | 17 | 0.94 |
| 10 | Albion Rovers | 18 | 2 | 3 | 13 | 3 | 10 | 13 | 35 | -22 | 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
