| P | W | D | L | CS | FtS | F | A | GD | Pt | PPG | ||
| 1 | Alloa Athletic | 8 | 5 | 1 | 2 | 2 | 2 | 14 | 13 | +1 | 16 | 2.00 |
| 2 | Peterhead | 8 | 3 | 1 | 4 | 2 | 0 | 11 | 15 | -4 | 10 | 1.25 |
| 3 | Berwick Rangers | 10 | 3 | 3 | 4 | 1 | 2 | 12 | 17 | -5 | 12 | 1.20 |
| 4 | Stranraer | 8 | 2 | 2 | 4 | 0 | 2 | 10 | 13 | -3 | 8 | 1.00 |
| 5 | Queen's Park | 8 | 2 | 2 | 4 | 0 | 3 | 9 | 15 | -6 | 8 | 1.00 |
| 6 | Clyde | 10 | 1 | 5 | 4 | 3 | 6 | 7 | 12 | -5 | 8 | 0.80 |
| 7 | Annan Athletic | 10 | 2 | 2 | 6 | 1 | 4 | 12 | 21 | -9 | 8 | 0.80 |
| 8 | Elgin City | 8 | 2 | 0 | 6 | 0 | 4 | 9 | 28 | -19 | 6 | 0.75 |
| 9 | Montrose | 10 | 1 | 1 | 8 | 0 | 2 | 14 | 30 | -16 | 4 | 0.40 |
| 10 | East Stirlingshire | 10 | 0 | 1 | 9 | 0 | 5 | 5 | 31 | -26 | 1 | 0.10 |
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
