| P | W | D | L | CS | FtS | F | A | GD | Pt | PPG | ||
| 1 | East Fife | 36 | 28 | 4 | 4 | 20 | 4 | 77 | 24 | +53 | 88 | 2.44 |
| 2 | Stranraer | 36 | 19 | 8 | 9 | 11 | 7 | 65 | 43 | +22 | 65 | 1.81 |
| 3 | Montrose | 36 | 17 | 8 | 11 | 13 | 12 | 59 | 36 | +23 | 59 | 1.64 |
| 4 | Arbroath | 36 | 14 | 10 | 12 | 13 | 8 | 54 | 47 | +7 | 52 | 1.44 |
| 5 | Stenhousemuir | 36 | 13 | 9 | 14 | 7 | 11 | 50 | 59 | -9 | 48 | 1.33 |
| 6 | Elgin City | 36 | 13 | 8 | 15 | 7 | 11 | 56 | 68 | -12 | 47 | 1.31 |
| 7 | Albion Rovers | 36 | 9 | 10 | 17 | 5 | 12 | 51 | 68 | -17 | 37 | 1.03 |
| 8 | Dumbarton | 36 | 9 | 10 | 17 | 11 | 11 | 31 | 48 | -17 | 37 | 1.03 |
| 9 | East Stirlingshire | 36 | 10 | 4 | 22 | 5 | 13 | 48 | 71 | -23 | 34 | 0.94 |
| 10 | Forfar Athletic | 36 | 8 | 9 | 19 | 9 | 12 | 35 | 62 | -27 | 33 | 0.92 |
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
