| P | W | D | L | CS | FtS | F | A | GD | Pt | PPG | ||
| 1 | Albion Rovers | 10 | 6 | 4 | 0 | 4 | 1 | 20 | 8 | +12 | 22 | 2.20 |
| 2 | Annan Athletic | 10 | 6 | 2 | 2 | 3 | 2 | 19 | 12 | +7 | 20 | 2.00 |
| 3 | Arbroath | 10 | 6 | 1 | 3 | 3 | 1 | 29 | 17 | +12 | 19 | 1.90 |
| 4 | Queen's Park | 10 | 6 | 1 | 3 | 4 | 0 | 17 | 14 | +3 | 19 | 1.90 |
| 5 | Stranraer | 10 | 3 | 4 | 3 | 2 | 0 | 20 | 20 | 0 | 13 | 1.30 |
| 6 | East Stirlingshire | 8 | 3 | 1 | 4 | 2 | 4 | 7 | 12 | -5 | 10 | 1.25 |
| 7 | Berwick Rangers | 8 | 2 | 3 | 3 | 1 | 3 | 10 | 10 | 0 | 9 | 1.13 |
| 8 | Elgin City | 8 | 2 | 2 | 4 | 2 | 2 | 10 | 17 | -7 | 8 | 1.00 |
| 9 | Clyde | 8 | 2 | 2 | 4 | 3 | 2 | 6 | 16 | -10 | 8 | 1.00 |
| 10 | Montrose | 8 | 2 | 1 | 5 | 1 | 3 | 7 | 11 | -4 | 7 | 0.88 |
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
