| P | W | D | L | CS | FtS | F | A | GD | Pt | PPG | ||
| 1 | Arbroath | 36 | 20 | 6 | 10 | 11 | 5 | 80 | 61 | +19 | 66 | 1.83 |
| 2 | Albion Rovers | 36 | 17 | 10 | 9 | 12 | 7 | 56 | 40 | +16 | 61 | 1.69 |
| 3 | Queen's Park | 36 | 18 | 5 | 13 | 11 | 6 | 57 | 43 | +14 | 59 | 1.64 |
| 4 | Annan Athletic | 36 | 16 | 11 | 9 | 9 | 7 | 58 | 45 | +13 | 59 | 1.64 |
| 5 | Stranraer | 36 | 15 | 12 | 9 | 6 | 2 | 72 | 57 | +15 | 57 | 1.58 |
| 6 | Berwick Rangers | 36 | 12 | 13 | 11 | 6 | 6 | 62 | 56 | +6 | 49 | 1.36 |
| 7 | Elgin City | 36 | 13 | 6 | 17 | 6 | 9 | 53 | 63 | -10 | 45 | 1.25 |
| 8 | Montrose | 36 | 10 | 7 | 19 | 5 | 12 | 47 | 61 | -14 | 37 | 1.03 |
| 9 | East Stirlingshire | 36 | 10 | 4 | 22 | 8 | 17 | 33 | 62 | -29 | 34 | 0.94 |
| 10 | Clyde | 36 | 8 | 8 | 20 | 8 | 11 | 37 | 67 | -30 | 32 | 0.89 |
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
