| P | W | D | L | CS | FtS | F | A | GD | Pt | PPG | ||
| 1 | Berwick Rangers | 8 | 4 | 2 | 2 | 3 | 2 | 10 | 9 | +1 | 14 | 1.75 |
| 2 | Cowdenbeath | 8 | 4 | 0 | 4 | 3 | 3 | 13 | 9 | +4 | 12 | 1.50 |
| 3 | Queen's Park | 10 | 4 | 2 | 4 | 1 | 4 | 11 | 15 | -4 | 14 | 1.40 |
| 4 | Stenhousemuir | 8 | 3 | 2 | 3 | 2 | 1 | 11 | 13 | -2 | 11 | 1.38 |
| 5 | Elgin City | 8 | 2 | 1 | 5 | 1 | 1 | 9 | 17 | -8 | 7 | 0.88 |
| 6 | Albion Rovers | 10 | 2 | 1 | 7 | 1 | 2 | 11 | 17 | -6 | 7 | 0.70 |
| 7 | East Fife | 10 | 1 | 1 | 8 | 0 | 2 | 12 | 26 | -14 | 4 | 0.40 |
| 8 | Montrose | 10 | 0 | 3 | 7 | 1 | 5 | 6 | 23 | -17 | 3 | 0.30 |
| 9 | Arbroath | 8 | 0 | 1 | 7 | 1 | 4 | 6 | 20 | -14 | 1 | 0.13 |
| 10 | East Stirlingshire | 10 | 0 | 1 | 9 | 0 | 4 | 8 | 38 | -30 | 1 | 0.10 |
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
