| P | W | D | L | CS | FtS | F | A | GD | Pt | PPG | ||
| 1 | Dumbarton | 18 | 11 | 5 | 2 | 8 | 1 | 38 | 13 | +25 | 38 | 2.11 |
| 2 | Cowdenbeath | 18 | 11 | 5 | 2 | 8 | 3 | 27 | 15 | +12 | 38 | 2.11 |
| 3 | East Stirlingshire | 18 | 10 | 1 | 7 | 4 | 6 | 30 | 29 | +1 | 31 | 1.72 |
| 4 | Stenhousemuir | 18 | 8 | 5 | 5 | 8 | 3 | 23 | 19 | +4 | 29 | 1.61 |
| 5 | Annan Athletic | 18 | 8 | 4 | 6 | 4 | 1 | 35 | 23 | +12 | 28 | 1.56 |
| 6 | Montrose | 18 | 8 | 3 | 7 | 5 | 4 | 23 | 24 | -1 | 27 | 1.50 |
| 7 | Forfar Athletic | 18 | 6 | 5 | 7 | 3 | 7 | 26 | 28 | -2 | 23 | 1.28 |
| 8 | Berwick Rangers | 18 | 6 | 4 | 8 | 2 | 4 | 24 | 29 | -5 | 22 | 1.22 |
| 9 | Albion Rovers | 18 | 6 | 2 | 10 | 3 | 7 | 18 | 25 | -7 | 20 | 1.11 |
| 10 | Elgin City | 18 | 5 | 2 | 11 | 4 | 7 | 16 | 32 | -16 | 17 | 0.94 |
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
