| P | W | D | L | CS | FtS | F | A | GD | Pt | PPG | ||
| 1 | Peterhead | 8 | 5 | 2 | 1 | 4 | 2 | 18 | 7 | +11 | 17 | 2.13 |
| 2 | Morton | 8 | 5 | 2 | 1 | 2 | 1 | 14 | 7 | +7 | 17 | 2.13 |
| 3 | Albion Rovers | 8 | 4 | 2 | 2 | 3 | 2 | 11 | 11 | 0 | 14 | 1.75 |
| 4 | Stirling Albion | 8 | 3 | 1 | 4 | 3 | 3 | 9 | 11 | -2 | 10 | 1.25 |
| 5 | East Fife | 8 | 1 | 3 | 4 | 0 | 3 | 8 | 17 | -9 | 6 | 0.75 |
| 6 | Queen's Park | 10 | 1 | 4 | 5 | 2 | 3 | 11 | 15 | -4 | 7 | 0.70 |
| 7 | Gretna | 10 | 1 | 4 | 5 | 2 | 3 | 11 | 17 | -6 | 7 | 0.70 |
| 8 | Elgin City | 10 | 1 | 3 | 6 | 2 | 6 | 7 | 15 | -8 | 6 | 0.60 |
| 9 | Montrose | 10 | 0 | 3 | 7 | 1 | 6 | 5 | 21 | -16 | 3 | 0.30 |
| 10 | East Stirlingshire | 10 | 0 | 3 | 7 | 0 | 4 | 6 | 26 | -20 | 3 | 0.30 |
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
