| P | W | D | L | CS | FtS | F | A | GD | Pt | PPG | ||
| 1 | Forfar Athletic | 6 | 4 | 2 | 0 | 2 | 0 | 13 | 5 | +8 | 14 | 2.33 |
| 2 | Stenhousemuir | 7 | 5 | 1 | 1 | 2 | 0 | 14 | 8 | +6 | 16 | 2.29 |
| 3 | Montrose | 7 | 4 | 2 | 1 | 2 | 0 | 10 | 7 | +3 | 14 | 2.00 |
| 4 | Dumbarton | 7 | 3 | 3 | 1 | 0 | 0 | 13 | 12 | +1 | 12 | 1.71 |
| 5 | Albion Rovers | 6 | 3 | 1 | 2 | 2 | 2 | 14 | 6 | +8 | 10 | 1.67 |
| 6 | Cowdenbeath | 6 | 3 | 0 | 3 | 3 | 1 | 6 | 6 | 0 | 9 | 1.50 |
| 7 | Annan Athletic | 7 | 3 | 1 | 3 | 1 | 1 | 10 | 12 | -2 | 10 | 1.43 |
| 8 | East Stirlingshire | 6 | 1 | 2 | 3 | 1 | 2 | 6 | 10 | -4 | 5 | 0.83 |
| 9 | Elgin City | 6 | 1 | 1 | 4 | 1 | 2 | 5 | 14 | -9 | 4 | 0.67 |
| 10 | Berwick Rangers | 7 | 0 | 1 | 6 | 0 | 3 | 5 | 15 | -10 | 1 | 0.14 |
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
