| P | W | D | L | CS | FtS | F | A | GD | Pt | PPG | ||
| 1 | Arbroath | 10 | 8 | 0 | 2 | 4 | 0 | 28 | 16 | +12 | 24 | 2.40 |
| 2 | Queen's Park | 10 | 7 | 1 | 2 | 6 | 2 | 16 | 5 | +11 | 22 | 2.20 |
| 3 | Berwick Rangers | 8 | 5 | 2 | 1 | 3 | 1 | 18 | 6 | +12 | 17 | 2.13 |
| 4 | Stranraer | 10 | 6 | 2 | 2 | 2 | 0 | 22 | 11 | +11 | 20 | 2.00 |
| 5 | Albion Rovers | 10 | 6 | 2 | 2 | 3 | 2 | 17 | 9 | +8 | 20 | 2.00 |
| 6 | Montrose | 8 | 4 | 2 | 2 | 2 | 2 | 17 | 7 | +10 | 14 | 1.75 |
| 7 | East Stirlingshire | 8 | 4 | 2 | 2 | 4 | 3 | 8 | 6 | +2 | 14 | 1.75 |
| 8 | Clyde | 8 | 3 | 3 | 2 | 3 | 0 | 13 | 11 | +2 | 12 | 1.50 |
| 9 | Annan Athletic | 10 | 4 | 3 | 3 | 1 | 2 | 15 | 14 | +1 | 15 | 1.50 |
| 10 | Elgin City | 8 | 4 | 0 | 4 | 2 | 3 | 10 | 10 | 0 | 12 | 1.50 |
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
