| P | W | D | L | CS | FtS | F | A | GD | Pt | PPG | ||
| 1 | Falkirk | 20 | 11 | 7 | 2 | 12 | 6 | 34 | 12 | +22 | 29 | 1.45 |
| 2 | Albion Rovers | 19 | 11 | 5 | 3 | 7 | 0 | 46 | 21 | +25 | 27 | 1.42 |
| 3 | Cowdenbeath | 20 | 9 | 7 | 4 | 5 | 3 | 33 | 24 | +9 | 25 | 1.25 |
| 4 | East Stirlingshire | 19 | 10 | 3 | 6 | 4 | 4 | 28 | 20 | +8 | 23 | 1.21 |
| 5 | Forfar Athletic | 20 | 9 | 6 | 5 | 5 | 4 | 35 | 27 | +8 | 24 | 1.20 |
| 6 | East Fife | 20 | 9 | 6 | 5 | 6 | 3 | 26 | 21 | +5 | 24 | 1.20 |
| 7 | Brechin City | 19 | 9 | 4 | 6 | 5 | 1 | 35 | 23 | +12 | 22 | 1.16 |
| 8 | Queen's Park | 19 | 8 | 5 | 6 | 6 | 4 | 32 | 21 | +11 | 21 | 1.11 |
| 9 | Stenhousemuir | 19 | 10 | 1 | 8 | 5 | 5 | 32 | 22 | +10 | 21 | 1.11 |
| 10 | Alloa Athletic | 19 | 8 | 4 | 7 | 3 | 4 | 32 | 28 | +4 | 20 | 1.05 |
| 11 | Montrose | 20 | 8 | 5 | 7 | 4 | 3 | 37 | 35 | +2 | 21 | 1.05 |
| 12 | Stranraer | 19 | 7 | 4 | 8 | 5 | 5 | 26 | 25 | +1 | 18 | 0.95 |
| 13 | Queen of the South | 20 | 6 | 6 | 8 | 5 | 5 | 29 | 29 | 0 | 18 | 0.90 |
| 14 | Livingston | 20 | 7 | 2 | 11 | 3 | 10 | 17 | 29 | -12 | 16 | 0.80 |
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
