| P | W | D | L | CS | FtS | F | A | GD | Pt | PPG | ||
| 1 | Gretna | 8 | 5 | 0 | 3 | 3 | 1 | 10 | 9 | +1 | 15 | 1.88 |
| 2 | Stirling Albion | 8 | 3 | 3 | 2 | 4 | 3 | 10 | 6 | +4 | 12 | 1.50 |
| 3 | Stranraer | 8 | 3 | 3 | 2 | 2 | 3 | 8 | 8 | 0 | 12 | 1.50 |
| 4 | Peterhead | 8 | 3 | 1 | 4 | 3 | 1 | 13 | 12 | +1 | 10 | 1.25 |
| 5 | Cowdenbeath | 8 | 2 | 3 | 3 | 4 | 5 | 3 | 5 | -2 | 9 | 1.13 |
| 6 | Montrose | 10 | 2 | 5 | 3 | 2 | 5 | 9 | 18 | -9 | 11 | 1.10 |
| 7 | Queen's Park | 10 | 2 | 3 | 5 | 3 | 3 | 7 | 16 | -9 | 9 | 0.90 |
| 8 | Albion Rovers | 10 | 1 | 1 | 8 | 0 | 5 | 8 | 29 | -21 | 4 | 0.40 |
| 9 | Elgin City | 10 | 0 | 1 | 9 | 0 | 3 | 11 | 36 | -25 | 1 | 0.10 |
| 10 | East Stirlingshire | 10 | 0 | 0 | 10 | 0 | 5 | 5 | 41 | -36 | 0 | 0.00 |
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
