| P | W | D | L | CS | FtS | F | A | GD | Pt | PPG | ||
| 1 | Morton | 36 | 21 | 9 | 6 | 15 | 4 | 67 | 33 | +34 | 72 | 2.00 |
| 2 | East Fife | 36 | 20 | 11 | 5 | 14 | 6 | 73 | 37 | +36 | 71 | 1.97 |
| 3 | Albion Rovers | 36 | 20 | 10 | 6 | 13 | 6 | 62 | 36 | +26 | 70 | 1.94 |
| 4 | Peterhead | 36 | 20 | 8 | 8 | 13 | 9 | 76 | 37 | +39 | 68 | 1.89 |
| 5 | Stirling Albion | 36 | 15 | 11 | 10 | 13 | 7 | 50 | 44 | +6 | 56 | 1.56 |
| 6 | Gretna | 36 | 11 | 12 | 13 | 8 | 9 | 50 | 50 | 0 | 45 | 1.25 |
| 7 | Montrose | 36 | 7 | 12 | 17 | 8 | 14 | 35 | 61 | -26 | 33 | 0.92 |
| 8 | Queen's Park | 36 | 7 | 11 | 18 | 8 | 12 | 39 | 51 | -12 | 32 | 0.89 |
| 9 | Elgin City | 36 | 5 | 13 | 18 | 6 | 18 | 33 | 63 | -30 | 28 | 0.78 |
| 10 | East Stirlingshire | 36 | 2 | 7 | 27 | 1 | 14 | 32 | 105 | -73 | 13 | 0.36 |
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
