| P | W | D | L | CS | FtS | F | A | GD | Pt | PPG | ||
| 1 | East Fife | 20 | 17 | 3 | 0 | 12 | 1 | 49 | 11 | +38 | 54 | 2.70 |
| 2 | Stranraer | 20 | 14 | 4 | 2 | 8 | 2 | 43 | 18 | +25 | 46 | 2.30 |
| 3 | Elgin City | 16 | 9 | 4 | 3 | 4 | 3 | 33 | 21 | +12 | 31 | 1.94 |
| 4 | Montrose | 20 | 11 | 4 | 5 | 6 | 5 | 36 | 19 | +17 | 37 | 1.85 |
| 5 | Stenhousemuir | 20 | 9 | 6 | 5 | 4 | 4 | 37 | 27 | +10 | 33 | 1.65 |
| 6 | Arbroath | 20 | 9 | 4 | 7 | 7 | 3 | 32 | 26 | +6 | 31 | 1.55 |
| 7 | East Stirlingshire | 16 | 7 | 3 | 6 | 3 | 5 | 28 | 29 | -1 | 24 | 1.50 |
| 8 | Dumbarton | 16 | 6 | 4 | 6 | 7 | 3 | 18 | 19 | -1 | 22 | 1.38 |
| 9 | Forfar Athletic | 16 | 4 | 5 | 7 | 6 | 5 | 17 | 22 | -5 | 17 | 1.06 |
| 10 | Albion Rovers | 16 | 4 | 4 | 8 | 2 | 6 | 24 | 29 | -5 | 16 | 1.00 |
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
