| P | W | D | L | CS | FtS | F | A | GD | Pt | PPG | ||
| 1 | Brechin City | 16 | 9 | 4 | 3 | 6 | 4 | 26 | 17 | +9 | 31 | 1.94 |
| 2 | Dumbarton | 16 | 7 | 3 | 6 | 5 | 4 | 22 | 23 | -1 | 24 | 1.50 |
| 3 | Peterhead | 16 | 6 | 2 | 8 | 5 | 5 | 28 | 24 | +4 | 20 | 1.25 |
| 4 | Elgin City | 20 | 6 | 5 | 9 | 5 | 8 | 25 | 27 | -2 | 23 | 1.15 |
| 5 | Albion Rovers | 16 | 4 | 6 | 6 | 6 | 8 | 11 | 17 | -6 | 18 | 1.13 |
| 6 | East Fife | 20 | 6 | 4 | 10 | 4 | 6 | 24 | 31 | -7 | 22 | 1.10 |
| 7 | Montrose | 16 | 4 | 5 | 7 | 7 | 8 | 14 | 20 | -6 | 17 | 1.06 |
| 8 | East Stirlingshire | 20 | 6 | 1 | 13 | 4 | 4 | 28 | 38 | -10 | 19 | 0.95 |
| 9 | Stirling Albion | 20 | 4 | 3 | 13 | 0 | 6 | 26 | 49 | -23 | 15 | 0.75 |
| 10 | Queen's Park | 20 | 2 | 4 | 14 | 3 | 8 | 15 | 37 | -22 | 10 | 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
