| P | W | D | L | CS | FtS | F | A | GD | Pt | PPG | ||
| 1 | Queen of the South | 16 | 13 | 2 | 1 | 8 | 2 | 44 | 9 | +35 | 41 | 2.56 |
| 2 | Alloa Athletic | 16 | 8 | 2 | 6 | 5 | 4 | 21 | 18 | +3 | 26 | 1.63 |
| 3 | Brechin City | 16 | 7 | 1 | 8 | 3 | 4 | 26 | 31 | -5 | 22 | 1.38 |
| 4 | Stenhousemuir | 20 | 6 | 7 | 7 | 4 | 4 | 31 | 38 | -7 | 25 | 1.25 |
| 5 | Arbroath | 16 | 5 | 3 | 8 | 1 | 4 | 23 | 32 | -9 | 18 | 1.13 |
| 6 | Ayr United | 20 | 4 | 2 | 14 | 3 | 6 | 25 | 38 | -13 | 14 | 0.70 |
| 7 | East Fife | 20 | 3 | 5 | 12 | 2 | 8 | 21 | 36 | -15 | 14 | 0.70 |
| 8 | Stranraer | 20 | 4 | 2 | 14 | 1 | 9 | 20 | 48 | -28 | 14 | 0.70 |
| 9 | Forfar Athletic | 16 | 2 | 2 | 12 | 1 | 4 | 17 | 41 | -24 | 8 | 0.50 |
| 10 | Albion Rovers | 20 | 2 | 0 | 18 | 1 | 8 | 20 | 49 | -29 | 6 | 0.30 |
Points per game, average goal difference then average goals scored applies










