| P | W | D | L | CS | FtS | F | A | GD | Pt | PPG | ||
| 1 | Berwick Rangers | 10 | 8 | 1 | 1 | 6 | 2 | 16 | 4 | +12 | 25 | 2.50 |
| 2 | Stenhousemuir | 10 | 7 | 1 | 2 | 5 | 2 | 22 | 8 | +14 | 22 | 2.20 |
| 3 | Elgin City | 10 | 7 | 1 | 2 | 4 | 2 | 18 | 11 | +7 | 22 | 2.20 |
| 4 | Cowdenbeath | 10 | 6 | 2 | 2 | 5 | 1 | 17 | 7 | +10 | 20 | 2.00 |
| 5 | Arbroath | 10 | 4 | 4 | 2 | 5 | 2 | 16 | 9 | +7 | 16 | 1.60 |
| 6 | Queen's Park | 8 | 3 | 3 | 2 | 5 | 4 | 7 | 3 | +4 | 12 | 1.50 |
| 7 | East Fife | 8 | 3 | 1 | 4 | 1 | 1 | 12 | 14 | -2 | 10 | 1.25 |
| 8 | Montrose | 8 | 1 | 4 | 3 | 1 | 2 | 10 | 13 | -3 | 7 | 0.88 |
| 9 | Albion Rovers | 8 | 1 | 3 | 4 | 1 | 2 | 8 | 12 | -4 | 6 | 0.75 |
| 10 | East Stirlingshire | 8 | 1 | 0 | 7 | 0 | 4 | 6 | 21 | -15 | 3 | 0.38 |
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
