| P | W | D | L | CS | FtS | F | A | GD | Pt | PPG | ||
| 1 | Berwick Rangers | 8 | 6 | 1 | 1 | 4 | 1 | 14 | 5 | +9 | 19 | 2.38 |
| 2 | Cowdenbeath | 8 | 5 | 2 | 1 | 0 | 1 | 20 | 11 | +9 | 17 | 2.13 |
| 3 | Arbroath | 8 | 4 | 1 | 3 | 2 | 3 | 14 | 10 | +4 | 13 | 1.63 |
| 4 | Stenhousemuir | 8 | 4 | 1 | 3 | 4 | 2 | 10 | 6 | +4 | 13 | 1.63 |
| 5 | East Fife | 10 | 4 | 1 | 5 | 2 | 3 | 10 | 17 | -7 | 13 | 1.30 |
| 6 | Queen's Park | 10 | 2 | 4 | 4 | 3 | 3 | 14 | 15 | -1 | 10 | 1.00 |
| 7 | Elgin City | 8 | 2 | 1 | 5 | 1 | 3 | 10 | 17 | -7 | 7 | 0.88 |
| 8 | Montrose | 10 | 2 | 1 | 7 | 3 | 6 | 5 | 15 | -10 | 7 | 0.70 |
| 9 | East Stirlingshire | 10 | 1 | 2 | 7 | 1 | 7 | 5 | 21 | -16 | 5 | 0.50 |
| 10 | Albion Rovers | 10 | 0 | 1 | 9 | 0 | 6 | 5 | 21 | -16 | 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
