| P | W | D | L | CS | FtS | F | A | GD | Pt | PPG | ||
| 1 | Rangers | 8 | 6 | 1 | 1 | 4 | 0 | 20 | 6 | +14 | 19 | 2.38 |
| 2 | Annan Athletic | 10 | 4 | 4 | 2 | 4 | 2 | 16 | 13 | +3 | 16 | 1.60 |
| 3 | Berwick Rangers | 8 | 3 | 3 | 2 | 2 | 2 | 11 | 9 | +2 | 12 | 1.50 |
| 4 | Stirling Albion | 10 | 4 | 2 | 4 | 3 | 1 | 15 | 15 | 0 | 14 | 1.40 |
| 5 | Montrose | 10 | 3 | 3 | 4 | 2 | 2 | 16 | 20 | -4 | 12 | 1.20 |
| 6 | Peterhead | 8 | 2 | 3 | 3 | 2 | 3 | 6 | 8 | -2 | 9 | 1.13 |
| 7 | Clyde | 10 | 3 | 2 | 5 | 1 | 3 | 12 | 19 | -7 | 11 | 1.10 |
| 8 | Queen's Park | 8 | 1 | 3 | 4 | 1 | 4 | 5 | 12 | -7 | 6 | 0.75 |
| 9 | Elgin City | 8 | 2 | 0 | 6 | 1 | 3 | 11 | 22 | -11 | 6 | 0.75 |
| 10 | East Stirlingshire | 10 | 2 | 0 | 8 | 0 | 4 | 12 | 29 | -17 | 6 | 0.60 |
Points per game, average goal difference then average goals scored applies










