| P | W | D | L | CS | FtS | F | A | GD | Pt | PPG | ||
| 1 | East Fife | 8 | 5 | 1 | 2 | 3 | 3 | 16 | 6 | +10 | 16 | 2.00 |
| 2 | Montrose | 8 | 4 | 1 | 3 | 2 | 2 | 16 | 12 | +4 | 13 | 1.63 |
| 3 | Arbroath | 8 | 2 | 4 | 2 | 3 | 3 | 9 | 9 | 0 | 10 | 1.25 |
| 4 | Albion Rovers | 10 | 2 | 4 | 4 | 0 | 2 | 17 | 23 | -6 | 10 | 1.00 |
| 5 | Stenhousemuir | 8 | 2 | 2 | 4 | 2 | 4 | 5 | 14 | -9 | 8 | 1.00 |
| 6 | Dumbarton | 10 | 2 | 3 | 5 | 2 | 4 | 7 | 14 | -7 | 9 | 0.90 |
| 7 | Elgin City | 10 | 3 | 0 | 7 | 1 | 2 | 13 | 25 | -12 | 9 | 0.90 |
| 8 | Stranraer | 8 | 2 | 1 | 5 | 1 | 4 | 7 | 14 | -7 | 7 | 0.88 |
| 9 | Forfar Athletic | 10 | 2 | 2 | 6 | 2 | 2 | 9 | 17 | -8 | 8 | 0.80 |
| 10 | East Stirlingshire | 10 | 1 | 1 | 8 | 0 | 4 | 12 | 24 | -12 | 4 | 0.40 |
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
