| P | W | D | L | CS | FtS | F | A | GD | Pt | PPG | ||
| 1 | East Fife | 10 | 9 | 1 | 0 | 6 | 0 | 27 | 5 | +22 | 28 | 2.80 |
| 2 | Peterhead | 10 | 8 | 2 | 0 | 5 | 0 | 31 | 8 | +23 | 26 | 2.60 |
| 3 | Morton | 10 | 8 | 2 | 0 | 5 | 0 | 28 | 7 | +21 | 26 | 2.60 |
| 4 | Stirling Albion | 10 | 6 | 3 | 1 | 5 | 1 | 15 | 5 | +10 | 21 | 2.10 |
| 5 | Albion Rovers | 10 | 5 | 4 | 1 | 2 | 1 | 20 | 9 | +11 | 19 | 1.90 |
| 6 | Montrose | 8 | 4 | 2 | 2 | 3 | 2 | 12 | 10 | +2 | 14 | 1.75 |
| 7 | Gretna | 8 | 3 | 4 | 1 | 1 | 2 | 15 | 10 | +5 | 13 | 1.63 |
| 8 | Elgin City | 8 | 2 | 4 | 2 | 3 | 4 | 10 | 9 | +1 | 10 | 1.25 |
| 9 | Queen's Park | 8 | 2 | 1 | 5 | 1 | 2 | 10 | 14 | -4 | 7 | 0.88 |
| 10 | East Stirlingshire | 8 | 0 | 2 | 6 | 0 | 4 | 5 | 20 | -15 | 2 | 0.25 |
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
