| P | W | D | L | CS | FtS | F | A | GD | Pt | PPG | ||
| 1 | Rangers | 20 | 13 | 5 | 2 | 8 | 4 | 48 | 16 | +32 | 44 | 2.20 |
| 2 | Queen's Park | 20 | 12 | 5 | 3 | 4 | 1 | 43 | 26 | +17 | 41 | 2.05 |
| 3 | Peterhead | 20 | 11 | 3 | 6 | 12 | 6 | 35 | 14 | +21 | 36 | 1.80 |
| 4 | Clyde | 16 | 9 | 1 | 6 | 4 | 3 | 22 | 22 | 0 | 28 | 1.75 |
| 5 | Elgin City | 20 | 9 | 6 | 5 | 0 | 1 | 49 | 37 | +12 | 33 | 1.65 |
| 6 | Berwick Rangers | 20 | 10 | 2 | 8 | 6 | 2 | 40 | 32 | +8 | 32 | 1.60 |
| 7 | Stirling Albion | 16 | 7 | 3 | 6 | 2 | 1 | 35 | 26 | +9 | 24 | 1.50 |
| 8 | Montrose | 16 | 6 | 6 | 4 | 1 | 2 | 30 | 24 | +6 | 24 | 1.50 |
| 9 | Annan Athletic | 16 | 5 | 3 | 8 | 1 | 3 | 26 | 32 | -6 | 18 | 1.13 |
| 10 | East Stirlingshire | 16 | 4 | 5 | 7 | 2 | 1 | 26 | 35 | -9 | 17 | 1.06 |
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
