| P | W | D | L | CS | FtS | F | A | GD | Pt | PPG | ||
| 1 | Raith Rovers | 8 | 3 | 2 | 3 | 3 | 2 | 11 | 9 | +2 | 11 | 1.38 |
| 2 | Brechin City | 8 | 3 | 2 | 3 | 1 | 1 | 12 | 17 | -5 | 11 | 1.38 |
| 3 | Ayr United | 8 | 3 | 1 | 4 | 2 | 3 | 9 | 13 | -4 | 10 | 1.25 |
| 4 | Stirling Albion | 8 | 1 | 5 | 2 | 0 | 0 | 9 | 11 | -2 | 8 | 1.00 |
| 5 | Arbroath | 10 | 2 | 3 | 5 | 3 | 2 | 9 | 12 | -3 | 9 | 0.90 |
| 6 | Peterhead | 8 | 0 | 5 | 3 | 2 | 4 | 7 | 13 | -6 | 5 | 0.63 |
| 7 | East Fife | 10 | 1 | 2 | 7 | 1 | 4 | 7 | 17 | -10 | 5 | 0.50 |
| 8 | Queen's Park | 10 | 1 | 2 | 7 | 1 | 4 | 8 | 19 | -11 | 5 | 0.50 |
| 9 | Alloa Athletic | 10 | 0 | 3 | 7 | 1 | 4 | 8 | 21 | -13 | 3 | 0.30 |
| 10 | Stranraer | 10 | 1 | 0 | 9 | 0 | 4 | 9 | 24 | -15 | 3 | 0.30 |
3 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
