| P | W | D | L | CS | FtS | F | A | GD | Pt | PPG | ||
| 1 | Stenhousemuir | 10 | 9 | 0 | 1 | 3 | 0 | 35 | 11 | +24 | 27 | 2.70 |
| 2 | Cowdenbeath | 10 | 9 | 0 | 1 | 4 | 1 | 31 | 7 | +24 | 27 | 2.70 |
| 3 | Arbroath | 10 | 8 | 1 | 1 | 4 | 0 | 21 | 8 | +13 | 25 | 2.50 |
| 4 | East Fife | 8 | 5 | 1 | 2 | 3 | 1 | 14 | 7 | +7 | 16 | 2.00 |
| 5 | Queen's Park | 8 | 4 | 3 | 1 | 2 | 1 | 15 | 9 | +6 | 15 | 1.88 |
| 6 | Albion Rovers | 8 | 4 | 3 | 1 | 2 | 0 | 15 | 10 | +5 | 15 | 1.88 |
| 7 | Berwick Rangers | 10 | 5 | 3 | 2 | 3 | 1 | 14 | 9 | +5 | 18 | 1.80 |
| 8 | East Stirlingshire | 8 | 4 | 2 | 2 | 3 | 2 | 9 | 9 | 0 | 14 | 1.75 |
| 9 | Elgin City | 10 | 4 | 4 | 2 | 3 | 1 | 18 | 13 | +5 | 16 | 1.60 |
| 10 | Montrose | 8 | 3 | 2 | 3 | 3 | 4 | 10 | 8 | +2 | 11 | 1.38 |
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
