| P | W | D | L | CS | FtS | F | A | GD | Pt | PPG | ||
| 1 | Cowdenbeath | 8 | 5 | 2 | 1 | 5 | 2 | 10 | 4 | +6 | 17 | 2.13 |
| 2 | Annan Athletic | 10 | 5 | 2 | 3 | 1 | 1 | 17 | 12 | +5 | 17 | 1.70 |
| 3 | Dumbarton | 8 | 3 | 4 | 1 | 2 | 0 | 10 | 7 | +3 | 13 | 1.63 |
| 4 | East Stirlingshire | 8 | 4 | 0 | 4 | 1 | 3 | 16 | 15 | +1 | 12 | 1.50 |
| 5 | Montrose | 8 | 4 | 0 | 4 | 2 | 3 | 12 | 12 | 0 | 12 | 1.50 |
| 6 | Berwick Rangers | 10 | 4 | 0 | 6 | 1 | 2 | 14 | 18 | -4 | 12 | 1.20 |
| 7 | Stenhousemuir | 8 | 2 | 3 | 3 | 2 | 1 | 8 | 13 | -5 | 9 | 1.13 |
| 8 | Elgin City | 10 | 3 | 2 | 5 | 2 | 4 | 10 | 16 | -6 | 11 | 1.10 |
| 9 | Forfar Athletic | 10 | 1 | 3 | 6 | 1 | 5 | 10 | 19 | -9 | 6 | 0.60 |
| 10 | Albion Rovers | 10 | 1 | 2 | 7 | 1 | 5 | 7 | 15 | -8 | 5 | 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
