| P | W | D | L | CS | FtS | F | A | GD | Pt | PPG | ||
| 1 | Berwick Rangers | 9 | 5 | 3 | 1 | 4 | 1 | 19 | 10 | +9 | 13 | 1.44 |
| 2 | Falkirk | 10 | 6 | 2 | 2 | 5 | 0 | 16 | 8 | +8 | 14 | 1.40 |
| 3 | Albion Rovers | 10 | 7 | 0 | 3 | 2 | 1 | 23 | 20 | +3 | 14 | 1.40 |
| 4 | Raith Rovers | 10 | 5 | 3 | 2 | 1 | 3 | 15 | 13 | +2 | 13 | 1.30 |
| 5 | Queen's Park | 11 | 4 | 5 | 2 | 1 | 0 | 24 | 20 | +4 | 13 | 1.18 |
| 6 | Clyde | 12 | 5 | 4 | 3 | 4 | 1 | 16 | 12 | +4 | 14 | 1.17 |
| 7 | Cowdenbeath | 7 | 4 | 0 | 3 | 1 | 0 | 17 | 14 | +3 | 8 | 1.14 |
| 8 | Dunfermline Athletic | 12 | 5 | 3 | 4 | 3 | 3 | 15 | 16 | -1 | 13 | 1.08 |
| 9 | East Stirlingshire | 10 | 5 | 0 | 5 | 1 | 2 | 16 | 19 | -3 | 10 | 1.00 |
| 10 | Forfar Athletic | 10 | 3 | 3 | 4 | 2 | 4 | 12 | 14 | -2 | 9 | 0.90 |
| 11 | Livingston | 9 | 3 | 2 | 4 | 1 | 1 | 15 | 21 | -6 | 8 | 0.89 |
| 12 | Stranraer | 10 | 3 | 2 | 5 | 1 | 3 | 13 | 16 | -3 | 8 | 0.80 |
| 13 | Stenhousemuir | 8 | 3 | 0 | 5 | 0 | 2 | 10 | 16 | -6 | 6 | 0.75 |
| 14 | Brechin City | 9 | 1 | 3 | 5 | 2 | 5 | 6 | 10 | -4 | 5 | 0.56 |
2 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
