| P | W | D | L | CS | FtS | F | A | GD | Pt | PPG | ||
| 1 | Alloa Athletic | 14 | 11 | 3 | 0 | 8 | 1 | 27 | 10 | +17 | 25 | 1.79 |
| 2 | Clydebank | 14 | 10 | 2 | 2 | 9 | 2 | 28 | 7 | +21 | 22 | 1.57 |
| 3 | Raith Rovers | 14 | 8 | 6 | 0 | 7 | 2 | 26 | 9 | +17 | 22 | 1.57 |
| 4 | Stranraer | 14 | 10 | 0 | 4 | 3 | 0 | 36 | 18 | +18 | 20 | 1.43 |
| 5 | Cowdenbeath | 14 | 8 | 4 | 2 | 4 | 1 | 28 | 16 | +12 | 20 | 1.43 |
| 6 | Stenhousemuir | 12 | 6 | 4 | 2 | 0 | 0 | 24 | 17 | +7 | 16 | 1.33 |
| 7 | Stirling Albion | 14 | 6 | 5 | 3 | 6 | 3 | 22 | 13 | +9 | 17 | 1.21 |
| 8 | Albion Rovers | 12 | 5 | 3 | 4 | 5 | 3 | 22 | 16 | +6 | 13 | 1.08 |
| 9 | East Stirlingshire | 12 | 4 | 5 | 3 | 4 | 1 | 19 | 14 | +5 | 13 | 1.08 |
| 10 | Berwick Rangers | 12 | 4 | 4 | 4 | 1 | 2 | 21 | 17 | +4 | 12 | 1.00 |
| 11 | Brechin City | 12 | 5 | 2 | 5 | 4 | 3 | 15 | 18 | -3 | 12 | 1.00 |
| 12 | Queen's Park | 14 | 4 | 5 | 5 | 5 | 4 | 15 | 17 | -2 | 13 | 0.93 |
| 13 | Forfar Athletic | 12 | 3 | 4 | 5 | 1 | 3 | 15 | 20 | -5 | 10 | 0.83 |
| 14 | Livingston | 12 | 3 | 2 | 7 | 2 | 5 | 13 | 27 | -14 | 8 | 0.67 |
2 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
