| P | W | D | L | CS | FtS | F | A | GD | Pt | PPG | ||
| 1 | Arbroath | 20 | 17 | 1 | 2 | 9 | 1 | 44 | 15 | +29 | 52 | 2.60 |
| 2 | Dumbarton | 20 | 15 | 2 | 3 | 9 | 1 | 42 | 16 | +26 | 47 | 2.35 |
| 3 | Queen's Park | 20 | 13 | 3 | 4 | 9 | 0 | 42 | 16 | +26 | 42 | 2.10 |
| 4 | Berwick Rangers | 20 | 13 | 3 | 4 | 9 | 3 | 30 | 16 | +14 | 42 | 2.10 |
| 5 | East Fife | 20 | 12 | 5 | 3 | 9 | 3 | 41 | 20 | +21 | 41 | 2.05 |
| 6 | Albion Rovers | 16 | 10 | 2 | 4 | 5 | 2 | 38 | 23 | +15 | 32 | 2.00 |
| 7 | Montrose | 16 | 9 | 1 | 6 | 6 | 3 | 31 | 23 | +8 | 28 | 1.75 |
| 8 | Stenhousemuir | 16 | 8 | 1 | 7 | 5 | 3 | 29 | 30 | -1 | 25 | 1.56 |
| 9 | Elgin City | 16 | 8 | 0 | 8 | 5 | 4 | 26 | 27 | -1 | 24 | 1.50 |
| 10 | East Stirlingshire | 16 | 2 | 2 | 12 | 2 | 11 | 10 | 31 | -21 | 8 | 0.50 |
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
