| P | W | D | L | CS | FtS | F | A | GD | Pt | PPG | ||
| 1 | East Fife | 16 | 11 | 1 | 4 | 8 | 3 | 28 | 13 | +15 | 34 | 2.13 |
| 2 | Montrose | 16 | 6 | 4 | 6 | 7 | 7 | 23 | 17 | +6 | 22 | 1.38 |
| 3 | Arbroath | 16 | 5 | 6 | 5 | 6 | 5 | 22 | 21 | +1 | 21 | 1.31 |
| 4 | Stranraer | 16 | 5 | 4 | 7 | 3 | 5 | 22 | 25 | -3 | 19 | 1.19 |
| 5 | Albion Rovers | 20 | 5 | 6 | 9 | 3 | 6 | 27 | 39 | -12 | 21 | 1.05 |
| 6 | Stenhousemuir | 16 | 4 | 3 | 9 | 3 | 7 | 13 | 32 | -19 | 15 | 0.94 |
| 7 | Forfar Athletic | 20 | 4 | 4 | 12 | 3 | 7 | 18 | 40 | -22 | 16 | 0.80 |
| 8 | Elgin City | 20 | 4 | 4 | 12 | 3 | 8 | 23 | 47 | -24 | 16 | 0.80 |
| 9 | Dumbarton | 20 | 3 | 6 | 11 | 4 | 8 | 13 | 29 | -16 | 15 | 0.75 |
| 10 | East Stirlingshire | 20 | 3 | 1 | 16 | 2 | 8 | 20 | 42 | -22 | 10 | 0.50 |
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
