| P | W | D | L | CS | FtS | F | A | GD | Pt | PPG | ||
| 1 | Brechin City | 20 | 13 | 3 | 4 | 7 | 2 | 41 | 21 | +20 | 42 | 2.10 |
| 2 | Albion Rovers | 20 | 12 | 5 | 3 | 7 | 4 | 40 | 25 | +15 | 41 | 2.05 |
| 3 | Montrose | 20 | 12 | 2 | 6 | 7 | 4 | 29 | 19 | +10 | 38 | 1.90 |
| 4 | Dumbarton | 20 | 11 | 4 | 5 | 6 | 4 | 37 | 25 | +12 | 37 | 1.85 |
| 5 | Peterhead | 20 | 11 | 3 | 6 | 5 | 2 | 35 | 28 | +7 | 36 | 1.80 |
| 6 | Queen's Park | 16 | 7 | 4 | 5 | 9 | 4 | 23 | 16 | +7 | 25 | 1.56 |
| 7 | Elgin City | 16 | 7 | 3 | 6 | 6 | 4 | 20 | 20 | 0 | 24 | 1.50 |
| 8 | Stirling Albion | 16 | 5 | 7 | 4 | 3 | 5 | 19 | 19 | 0 | 22 | 1.38 |
| 9 | East Stirlingshire | 16 | 6 | 3 | 7 | 2 | 5 | 23 | 20 | +3 | 21 | 1.31 |
| 10 | East Fife | 16 | 5 | 3 | 8 | 3 | 5 | 15 | 25 | -10 | 18 | 1.13 |
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
