| P | W | D | L | CS | FtS | F | A | GD | Pt | PPG | ||
| 1 | Queen's Park | 10 | 7 | 3 | 0 | 6 | 1 | 26 | 5 | +21 | 24 | 2.40 |
| 2 | Stranraer | 10 | 7 | 2 | 1 | 3 | 1 | 29 | 14 | +15 | 23 | 2.30 |
| 3 | Elgin City | 10 | 7 | 1 | 2 | 3 | 1 | 23 | 10 | +13 | 22 | 2.20 |
| 4 | Alloa Athletic | 10 | 5 | 4 | 1 | 3 | 1 | 18 | 9 | +9 | 19 | 1.90 |
| 5 | Annan Athletic | 8 | 4 | 3 | 1 | 3 | 0 | 13 | 8 | +5 | 15 | 1.88 |
| 6 | Montrose | 8 | 4 | 2 | 2 | 2 | 0 | 21 | 12 | +9 | 14 | 1.75 |
| 7 | Peterhead | 10 | 5 | 2 | 3 | 4 | 1 | 15 | 12 | +3 | 17 | 1.70 |
| 8 | East Stirlingshire | 8 | 4 | 1 | 3 | 2 | 2 | 9 | 11 | -2 | 13 | 1.63 |
| 9 | Clyde | 8 | 3 | 3 | 2 | 3 | 1 | 16 | 10 | +6 | 12 | 1.50 |
| 10 | Berwick Rangers | 8 | 2 | 1 | 5 | 1 | 3 | 11 | 14 | -3 | 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
