| P | W | D | L | CS | FtS | F | A | GD | Pt | PPG | ||
| 1 | Gretna | 10 | 10 | 0 | 0 | 4 | 0 | 38 | 8 | +30 | 30 | 3.00 |
| 2 | Peterhead | 10 | 8 | 2 | 0 | 4 | 0 | 23 | 7 | +16 | 26 | 2.60 |
| 3 | Montrose | 10 | 5 | 3 | 2 | 1 | 2 | 14 | 10 | +4 | 18 | 1.80 |
| 4 | Queen's Park | 10 | 5 | 2 | 3 | 4 | 3 | 18 | 8 | +10 | 17 | 1.70 |
| 5 | Elgin City | 8 | 4 | 1 | 3 | 3 | 3 | 10 | 11 | -1 | 13 | 1.63 |
| 6 | Cowdenbeath | 10 | 4 | 4 | 2 | 2 | 1 | 19 | 12 | +7 | 16 | 1.60 |
| 7 | East Fife | 8 | 2 | 1 | 5 | 1 | 2 | 13 | 14 | -1 | 7 | 0.88 |
| 8 | Albion Rovers | 8 | 1 | 4 | 3 | 1 | 3 | 6 | 9 | -3 | 7 | 0.88 |
| 9 | Stenhousemuir | 8 | 1 | 3 | 4 | 1 | 3 | 10 | 13 | -3 | 6 | 0.75 |
| 10 | East Stirlingshire | 8 | 1 | 3 | 4 | 1 | 4 | 9 | 17 | -8 | 6 | 0.75 |
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
