| P | W | D | L | CS | FtS | F | A | GD | Pt | PPG | ||
| 1 | Forfar Athletic | 10 | 9 | 1 | 0 | 1 | 0 | 31 | 16 | +15 | 28 | 2.80 |
| 2 | Queen of the South | 10 | 8 | 2 | 0 | 6 | 0 | 21 | 6 | +15 | 26 | 2.60 |
| 3 | Brechin City | 10 | 8 | 1 | 1 | 4 | 0 | 28 | 9 | +19 | 25 | 2.50 |
| 4 | Arbroath | 10 | 7 | 2 | 1 | 4 | 1 | 17 | 11 | +6 | 23 | 2.30 |
| 5 | Alloa Athletic | 10 | 6 | 3 | 1 | 3 | 1 | 22 | 9 | +13 | 21 | 2.10 |
| 6 | Ayr United | 8 | 5 | 1 | 2 | 0 | 0 | 17 | 12 | +5 | 16 | 2.00 |
| 7 | Stenhousemuir | 8 | 4 | 2 | 2 | 4 | 2 | 12 | 5 | +7 | 14 | 1.75 |
| 8 | Stranraer | 8 | 3 | 3 | 2 | 1 | 1 | 13 | 13 | 0 | 12 | 1.50 |
| 9 | Albion Rovers | 8 | 3 | 2 | 3 | 1 | 1 | 16 | 18 | -2 | 11 | 1.38 |
| 10 | East Fife | 8 | 2 | 2 | 4 | 1 | 1 | 13 | 14 | -1 | 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
