| P | W | D | L | CS | FtS | F | A | GD | Pt | PPG | ||
| 1 | Alloa Athletic | 8 | 8 | 0 | 0 | 4 | 0 | 25 | 4 | +21 | 24 | 3.00 |
| 2 | Elgin City | 8 | 4 | 2 | 2 | 3 | 0 | 20 | 7 | +13 | 14 | 1.75 |
| 3 | Berwick Rangers | 10 | 4 | 4 | 2 | 3 | 1 | 19 | 14 | +5 | 16 | 1.60 |
| 4 | Queen's Park | 8 | 3 | 1 | 4 | 2 | 1 | 15 | 12 | +3 | 10 | 1.25 |
| 5 | Peterhead | 8 | 2 | 3 | 3 | 1 | 1 | 10 | 11 | -1 | 9 | 1.13 |
| 6 | Stranraer | 8 | 3 | 0 | 5 | 1 | 2 | 14 | 19 | -5 | 9 | 1.13 |
| 7 | Annan Athletic | 10 | 3 | 2 | 5 | 2 | 2 | 15 | 18 | -3 | 11 | 1.10 |
| 8 | Montrose | 10 | 3 | 1 | 6 | 1 | 3 | 13 | 21 | -8 | 10 | 1.00 |
| 9 | Clyde | 10 | 2 | 2 | 6 | 1 | 4 | 8 | 13 | -5 | 8 | 0.80 |
| 10 | East Stirlingshire | 10 | 1 | 3 | 6 | 0 | 2 | 15 | 22 | -7 | 6 | 0.60 |
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
