| P | W | D | L | CS | FtS | F | A | GD | Pt | PPG | ||
| 1 | East Fife | 8 | 6 | 0 | 2 | 5 | 0 | 12 | 7 | +5 | 18 | 2.25 |
| 2 | Stranraer | 8 | 3 | 3 | 2 | 2 | 1 | 15 | 11 | +4 | 12 | 1.50 |
| 3 | Arbroath | 8 | 3 | 2 | 3 | 3 | 2 | 13 | 12 | +1 | 11 | 1.38 |
| 4 | Montrose | 8 | 2 | 3 | 3 | 5 | 5 | 7 | 5 | +2 | 9 | 1.13 |
| 5 | Albion Rovers | 10 | 3 | 2 | 5 | 3 | 4 | 10 | 16 | -6 | 11 | 1.10 |
| 6 | Stenhousemuir | 8 | 2 | 1 | 5 | 1 | 3 | 8 | 18 | -10 | 7 | 0.88 |
| 7 | Forfar Athletic | 10 | 2 | 2 | 6 | 1 | 5 | 9 | 23 | -14 | 8 | 0.80 |
| 8 | Elgin City | 10 | 1 | 4 | 5 | 2 | 6 | 10 | 22 | -12 | 7 | 0.70 |
| 9 | Dumbarton | 10 | 1 | 3 | 6 | 2 | 4 | 6 | 15 | -9 | 6 | 0.60 |
| 10 | East Stirlingshire | 10 | 2 | 0 | 8 | 2 | 4 | 8 | 18 | -10 | 6 | 0.60 |
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
