| P | W | D | L | CS | FtS | F | A | GD | Pt | PPG | ||
| 1 | Brechin City | 10 | 8 | 1 | 1 | 5 | 0 | 24 | 6 | +18 | 25 | 2.50 |
| 2 | Dumbarton | 10 | 7 | 3 | 0 | 3 | 0 | 21 | 9 | +12 | 24 | 2.40 |
| 3 | Montrose | 10 | 7 | 0 | 3 | 4 | 2 | 18 | 9 | +9 | 21 | 2.10 |
| 4 | Albion Rovers | 10 | 6 | 2 | 2 | 3 | 1 | 23 | 16 | +7 | 20 | 2.00 |
| 5 | Peterhead | 10 | 5 | 3 | 2 | 1 | 0 | 20 | 15 | +5 | 18 | 1.80 |
| 6 | Elgin City | 8 | 4 | 2 | 2 | 2 | 1 | 13 | 9 | +4 | 14 | 1.75 |
| 7 | Stirling Albion | 8 | 4 | 2 | 2 | 2 | 3 | 10 | 7 | +3 | 14 | 1.75 |
| 8 | East Stirlingshire | 8 | 4 | 1 | 3 | 1 | 2 | 12 | 10 | +2 | 13 | 1.63 |
| 9 | Queen's Park | 8 | 3 | 3 | 2 | 5 | 2 | 11 | 7 | +4 | 12 | 1.50 |
| 10 | East Fife | 8 | 2 | 2 | 4 | 2 | 3 | 7 | 14 | -7 | 8 | 1.00 |
Points per game, average goal difference then average goals scored applies










