| P | W | D | L | CS | FtS | F | A | GD | Pt | PPG | ||
| 1 | Stenhousemuir | 13 | 8 | 4 | 1 | 5 | 0 | 24 | 12 | +12 | 28 | 2.15 |
| 2 | Dumbarton | 13 | 6 | 5 | 2 | 0 | 0 | 27 | 20 | +7 | 23 | 1.77 |
| 3 | Montrose | 13 | 6 | 4 | 3 | 4 | 1 | 17 | 14 | +3 | 22 | 1.69 |
| 4 | Cowdenbeath | 13 | 7 | 1 | 5 | 4 | 2 | 18 | 16 | +2 | 22 | 1.69 |
| 5 | East Stirlingshire | 13 | 6 | 2 | 5 | 3 | 4 | 20 | 20 | 0 | 20 | 1.54 |
| 6 | Forfar Athletic | 13 | 5 | 4 | 4 | 3 | 4 | 19 | 14 | +5 | 19 | 1.46 |
| 7 | Albion Rovers | 13 | 5 | 1 | 7 | 3 | 4 | 22 | 17 | +5 | 16 | 1.23 |
| 8 | Annan Athletic | 13 | 4 | 2 | 7 | 1 | 2 | 17 | 24 | -7 | 14 | 1.08 |
| 9 | Berwick Rangers | 13 | 2 | 3 | 8 | 1 | 4 | 14 | 24 | -10 | 9 | 0.69 |
| 10 | Elgin City | 13 | 2 | 2 | 9 | 1 | 4 | 13 | 30 | -17 | 8 | 0.62 |
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
