| P | W | D | L | CS | FtS | F | A | GD | Pt | PPG | ||
| 1 | Cowdenbeath | 18 | 13 | 4 | 1 | 11 | 4 | 37 | 10 | +27 | 43 | 2.39 |
| 2 | Arbroath | 18 | 10 | 5 | 3 | 4 | 2 | 44 | 23 | +21 | 35 | 1.94 |
| 3 | Dumbarton | 18 | 10 | 2 | 6 | 5 | 4 | 30 | 30 | 0 | 32 | 1.78 |
| 4 | Airdrie United | 18 | 9 | 4 | 5 | 6 | 1 | 43 | 30 | +13 | 31 | 1.72 |
| 5 | Stenhousemuir | 18 | 9 | 2 | 7 | 5 | 2 | 32 | 23 | +9 | 29 | 1.61 |
| 6 | East Fife | 18 | 7 | 4 | 7 | 6 | 2 | 27 | 29 | -2 | 25 | 1.39 |
| 7 | Albion Rovers | 18 | 6 | 6 | 6 | 4 | 4 | 25 | 22 | +3 | 24 | 1.33 |
| 8 | Forfar Athletic | 18 | 6 | 5 | 7 | 3 | 3 | 33 | 34 | -1 | 23 | 1.28 |
| 9 | Brechin City | 18 | 5 | 6 | 7 | 3 | 2 | 24 | 30 | -6 | 21 | 1.17 |
| 10 | Stirling Albion | 18 | 4 | 5 | 9 | 3 | 5 | 22 | 29 | -7 | 17 | 0.94 |
Points per game, average goal difference then average goals scored applies










