| P | W | D | L | CS | FtS | F | A | GD | Pt | PPG | ||
| 1 | Berwick Rangers | 8 | 4 | 0 | 4 | 3 | 4 | 7 | 7 | 0 | 12 | 1.50 |
| 2 | Queen's Park | 8 | 3 | 1 | 4 | 2 | 5 | 6 | 6 | 0 | 10 | 1.25 |
| 3 | Arbroath | 8 | 3 | 0 | 5 | 2 | 3 | 10 | 9 | +1 | 9 | 1.13 |
| 4 | East Fife | 8 | 2 | 2 | 4 | 1 | 2 | 9 | 12 | -3 | 8 | 1.00 |
| 5 | East Stirlingshire | 10 | 3 | 1 | 6 | 1 | 3 | 13 | 20 | -7 | 10 | 1.00 |
| 6 | Albion Rovers | 10 | 2 | 3 | 5 | 1 | 3 | 12 | 22 | -10 | 9 | 0.90 |
| 7 | Stenhousemuir | 10 | 1 | 4 | 5 | 2 | 4 | 6 | 16 | -10 | 7 | 0.70 |
| 8 | Montrose | 10 | 1 | 1 | 8 | 0 | 6 | 5 | 20 | -15 | 4 | 0.40 |
| 9 | Dumbarton | 8 | 0 | 2 | 6 | 1 | 6 | 3 | 12 | -9 | 2 | 0.25 |
| 10 | Elgin City | 10 | 0 | 2 | 8 | 1 | 4 | 6 | 21 | -15 | 2 | 0.20 |
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
