| P | W | D | L | CS | FtS | F | A | GD | Pt | PPG | ||
| 1 | Raith Rovers | 10 | 4 | 5 | 1 | 6 | 4 | 12 | 6 | +6 | 13 | 1.30 |
| 2 | Queen's Park | 8 | 3 | 2 | 3 | 4 | 3 | 9 | 9 | 0 | 8 | 1.00 |
| 3 | Clyde | 8 | 2 | 4 | 2 | 2 | 2 | 7 | 7 | 0 | 8 | 1.00 |
| 4 | Falkirk | 9 | 2 | 4 | 3 | 1 | 2 | 9 | 12 | -3 | 8 | 0.89 |
| 5 | Dunfermline Athletic | 8 | 2 | 3 | 3 | 3 | 2 | 8 | 11 | -3 | 7 | 0.88 |
| 6 | East Stirlingshire | 9 | 1 | 4 | 4 | 1 | 4 | 11 | 15 | -4 | 6 | 0.67 |
| 7 | Cowdenbeath | 12 | 1 | 6 | 5 | 0 | 1 | 20 | 28 | -8 | 8 | 0.67 |
| 8 | Forfar Athletic | 10 | 2 | 2 | 6 | 1 | 3 | 9 | 17 | -8 | 6 | 0.60 |
| 9 | Berwick Rangers | 10 | 1 | 4 | 5 | 3 | 4 | 8 | 19 | -11 | 6 | 0.60 |
| 10 | Albion Rovers | 10 | 1 | 3 | 6 | 0 | 4 | 9 | 22 | -13 | 5 | 0.50 |
| 11 | Stranraer | 9 | 1 | 2 | 6 | 1 | 4 | 8 | 18 | -10 | 4 | 0.44 |
| 12 | Livingston | 11 | 1 | 2 | 8 | 0 | 6 | 8 | 33 | -25 | 4 | 0.36 |
| 13 | Stenhousemuir | 11 | 0 | 3 | 8 | 0 | 5 | 7 | 23 | -16 | 3 | 0.27 |
| 14 | Brechin City | 11 | 1 | 0 | 10 | 1 | 4 | 11 | 31 | -20 | 2 | 0.18 |
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
