| P | W | D | L | CS | FtS | F | A | GD | Pt | PPG | ||
| 1 | Clyde | 9 | 8 | 1 | 0 | 6 | 0 | 32 | 5 | +27 | 17 | 1.89 |
| 2 | Dunfermline Athletic | 9 | 8 | 1 | 0 | 3 | 0 | 30 | 8 | +22 | 17 | 1.89 |
| 3 | East Stirlingshire | 8 | 7 | 0 | 1 | 3 | 0 | 13 | 6 | +7 | 14 | 1.75 |
| 4 | Forfar Athletic | 11 | 8 | 2 | 1 | 1 | 0 | 30 | 15 | +15 | 18 | 1.64 |
| 5 | Raith Rovers | 11 | 7 | 4 | 0 | 6 | 0 | 21 | 7 | +14 | 18 | 1.64 |
| 6 | Berwick Rangers | 12 | 7 | 5 | 0 | 4 | 0 | 30 | 15 | +15 | 19 | 1.58 |
| 7 | Albion Rovers | 8 | 6 | 0 | 2 | 3 | 1 | 19 | 9 | +10 | 12 | 1.50 |
| 8 | Stranraer | 8 | 5 | 1 | 2 | 2 | 0 | 21 | 12 | +9 | 11 | 1.38 |
| 9 | Queen's Park | 10 | 5 | 3 | 2 | 4 | 3 | 11 | 9 | +2 | 13 | 1.30 |
| 10 | Stenhousemuir | 10 | 5 | 2 | 3 | 3 | 1 | 17 | 17 | 0 | 12 | 1.20 |
| 11 | Falkirk | 11 | 4 | 4 | 3 | 4 | 0 | 16 | 15 | +1 | 12 | 1.09 |
| 12 | Cowdenbeath | 11 | 4 | 1 | 6 | 2 | 1 | 22 | 18 | +4 | 9 | 0.82 |
| 13 | Brechin City | 9 | 2 | 1 | 6 | 0 | 3 | 12 | 18 | -6 | 5 | 0.56 |
| 14 | Livingston | 9 | 1 | 2 | 6 | 1 | 2 | 12 | 20 | -8 | 4 | 0.44 |
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
