| P | W | D | L | CS | FtS | F | A | GD | Pt | PPG | ||
| 1 | Berwick Rangers | 21 | 12 | 8 | 1 | 8 | 1 | 49 | 25 | +24 | 32 | 1.52 |
| 2 | Clyde | 21 | 13 | 5 | 3 | 10 | 1 | 48 | 17 | +31 | 31 | 1.48 |
| 3 | Raith Rovers | 21 | 12 | 7 | 2 | 7 | 3 | 36 | 20 | +16 | 31 | 1.48 |
| 4 | Albion Rovers | 18 | 13 | 0 | 5 | 5 | 2 | 42 | 29 | +13 | 26 | 1.44 |
| 5 | Dunfermline Athletic | 21 | 13 | 4 | 4 | 6 | 3 | 45 | 24 | +21 | 30 | 1.43 |
| 6 | East Stirlingshire | 18 | 12 | 0 | 6 | 4 | 2 | 29 | 25 | +4 | 24 | 1.33 |
| 7 | Forfar Athletic | 21 | 11 | 5 | 5 | 3 | 4 | 42 | 29 | +13 | 27 | 1.29 |
| 8 | Falkirk | 21 | 10 | 6 | 5 | 9 | 0 | 32 | 23 | +9 | 26 | 1.24 |
| 9 | Queen's Park | 21 | 9 | 8 | 4 | 5 | 3 | 35 | 29 | +6 | 26 | 1.24 |
| 10 | Stranraer | 18 | 8 | 3 | 7 | 3 | 3 | 34 | 28 | +6 | 19 | 1.06 |
| 11 | Stenhousemuir | 18 | 8 | 2 | 8 | 3 | 3 | 27 | 33 | -6 | 18 | 1.00 |
| 12 | Cowdenbeath | 18 | 8 | 1 | 9 | 3 | 1 | 39 | 32 | +7 | 17 | 0.94 |
| 13 | Livingston | 18 | 4 | 4 | 10 | 2 | 3 | 27 | 41 | -14 | 12 | 0.67 |
| 14 | Brechin City | 18 | 3 | 4 | 11 | 2 | 8 | 18 | 28 | -10 | 10 | 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
