| P | W | D | L | CS | FtS | F | A | GD | Pt | PPG | ||
| 1 | Stirling Albion | 10 | 10 | 0 | 0 | 2 | 0 | 28 | 13 | +15 | 30 | 3.00 |
| 2 | Alloa Athletic | 10 | 6 | 2 | 2 | 6 | 2 | 14 | 7 | +7 | 20 | 2.00 |
| 3 | Cowdenbeath | 10 | 5 | 4 | 1 | 5 | 1 | 14 | 7 | +7 | 19 | 1.90 |
| 4 | East Fife | 8 | 4 | 3 | 1 | 3 | 0 | 13 | 7 | +6 | 15 | 1.88 |
| 5 | Peterhead | 10 | 5 | 1 | 4 | 1 | 3 | 15 | 14 | +1 | 16 | 1.60 |
| 6 | Dumbarton | 8 | 4 | 0 | 4 | 3 | 1 | 13 | 13 | 0 | 12 | 1.50 |
| 7 | Brechin City | 10 | 4 | 2 | 4 | 3 | 5 | 11 | 9 | +2 | 14 | 1.40 |
| 8 | Clyde | 8 | 2 | 3 | 3 | 2 | 3 | 13 | 11 | +2 | 9 | 1.13 |
| 9 | Stenhousemuir | 8 | 2 | 3 | 3 | 3 | 1 | 10 | 8 | +2 | 9 | 1.13 |
| 10 | Arbroath | 8 | 2 | 2 | 4 | 2 | 3 | 7 | 10 | -3 | 8 | 1.00 |
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
