| P | W | D | L | CS | FtS | F | A | GD | Pt | PPG | ||
| 1 | Gretna | 8 | 4 | 2 | 2 | 3 | 3 | 9 | 7 | +2 | 14 | 1.75 |
| 2 | Peterhead | 8 | 3 | 3 | 2 | 4 | 3 | 9 | 6 | +3 | 12 | 1.50 |
| 3 | Stranraer | 8 | 3 | 2 | 3 | 2 | 2 | 9 | 9 | 0 | 11 | 1.38 |
| 4 | Stirling Albion | 8 | 2 | 3 | 3 | 2 | 4 | 7 | 8 | -1 | 9 | 1.13 |
| 5 | Cowdenbeath | 8 | 2 | 0 | 6 | 2 | 4 | 6 | 14 | -8 | 6 | 0.75 |
| 6 | Elgin City | 10 | 1 | 4 | 5 | 3 | 5 | 8 | 17 | -9 | 7 | 0.70 |
| 7 | Montrose | 10 | 2 | 1 | 7 | 1 | 1 | 13 | 25 | -12 | 7 | 0.70 |
| 8 | Albion Rovers | 10 | 1 | 2 | 7 | 1 | 1 | 15 | 27 | -12 | 5 | 0.50 |
| 9 | Queen's Park | 10 | 1 | 2 | 7 | 2 | 6 | 4 | 18 | -14 | 5 | 0.50 |
| 10 | East Stirlingshire | 10 | 0 | 1 | 9 | 0 | 4 | 8 | 26 | -18 | 1 | 0.10 |
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
