| P | W | D | L | CS | FtS | F | A | GD | Pt | PPG | ||
| 1 | Brechin City | 36 | 22 | 7 | 7 | 13 | 6 | 67 | 38 | +29 | 73 | 2.03 |
| 2 | Dumbarton | 36 | 18 | 7 | 11 | 11 | 8 | 59 | 48 | +11 | 61 | 1.69 |
| 3 | Albion Rovers | 36 | 16 | 11 | 9 | 13 | 12 | 51 | 42 | +9 | 59 | 1.64 |
| 4 | Peterhead | 36 | 17 | 5 | 14 | 10 | 7 | 63 | 52 | +11 | 56 | 1.56 |
| 5 | Montrose | 36 | 16 | 7 | 13 | 14 | 12 | 43 | 39 | +4 | 55 | 1.53 |
| 6 | Elgin City | 36 | 13 | 8 | 15 | 11 | 12 | 45 | 47 | -2 | 47 | 1.31 |
| 7 | East Stirlingshire | 36 | 12 | 4 | 20 | 6 | 9 | 51 | 58 | -7 | 40 | 1.11 |
| 8 | East Fife | 36 | 11 | 7 | 18 | 7 | 11 | 39 | 56 | -17 | 40 | 1.11 |
| 9 | Stirling Albion | 36 | 9 | 10 | 17 | 3 | 11 | 45 | 68 | -23 | 37 | 1.03 |
| 10 | Queen's Park | 36 | 9 | 8 | 19 | 12 | 12 | 38 | 53 | -15 | 35 | 0.97 |
Points per game, average goal difference then average goals scored applies










