| P | W | D | L | CS | FtS | F | A | GD | Pt | PPG | ||
| 1 | East Fife | 10 | 9 | 1 | 0 | 8 | 1 | 24 | 2 | +22 | 28 | 2.80 |
| 2 | Stranraer | 10 | 8 | 2 | 0 | 5 | 1 | 22 | 7 | +15 | 26 | 2.60 |
| 3 | Elgin City | 8 | 6 | 2 | 0 | 2 | 0 | 22 | 8 | +14 | 20 | 2.50 |
| 4 | East Stirlingshire | 8 | 5 | 2 | 1 | 2 | 1 | 20 | 11 | +9 | 17 | 2.13 |
| 5 | Dumbarton | 8 | 5 | 2 | 1 | 6 | 2 | 10 | 5 | +5 | 17 | 2.13 |
| 6 | Montrose | 10 | 5 | 2 | 3 | 2 | 4 | 15 | 10 | +5 | 17 | 1.70 |
| 7 | Forfar Athletic | 8 | 4 | 1 | 3 | 3 | 2 | 11 | 9 | +2 | 13 | 1.63 |
| 8 | Stenhousemuir | 10 | 4 | 3 | 3 | 3 | 2 | 18 | 13 | +5 | 15 | 1.50 |
| 9 | Arbroath | 10 | 4 | 3 | 3 | 5 | 2 | 15 | 11 | +4 | 15 | 1.50 |
| 10 | Albion Rovers | 8 | 2 | 3 | 3 | 2 | 2 | 12 | 12 | 0 | 9 | 1.13 |
Points per game, average goal difference then average goals scored applies











