| P | W | D | L | CS | FtS | F | A | GD | Pt | PPG | ||
| 1 | East Stirlingshire | 18 | 8 | 5 | 5 | 3 | 4 | 24 | 21 | +3 | 21 | 1.17 |
| 2 | Falkirk | 18 | 7 | 6 | 5 | 5 | 3 | 30 | 22 | +8 | 20 | 1.11 |
| 3 | Forfar Athletic | 18 | 8 | 3 | 7 | 3 | 4 | 29 | 29 | 0 | 19 | 1.06 |
| 4 | Cowdenbeath | 21 | 7 | 6 | 8 | 7 | 6 | 23 | 25 | -2 | 20 | 0.95 |
| 5 | Queen's Park | 18 | 6 | 5 | 7 | 5 | 4 | 25 | 27 | -2 | 17 | 0.94 |
| 6 | Brechin City | 18 | 6 | 5 | 7 | 5 | 5 | 23 | 25 | -2 | 17 | 0.94 |
| 7 | Albion Rovers | 18 | 5 | 6 | 7 | 4 | 4 | 30 | 32 | -2 | 16 | 0.89 |
| 8 | Stenhousemuir | 18 | 6 | 4 | 8 | 4 | 5 | 22 | 27 | -5 | 16 | 0.89 |
| 9 | Montrose | 21 | 7 | 4 | 10 | 3 | 5 | 28 | 35 | -7 | 18 | 0.86 |
| 10 | Queen of the South | 21 | 6 | 5 | 10 | 5 | 4 | 25 | 38 | -13 | 17 | 0.81 |
| 11 | Stranraer | 21 | 6 | 4 | 11 | 5 | 8 | 21 | 38 | -17 | 16 | 0.76 |
| 12 | East Fife | 21 | 5 | 4 | 12 | 4 | 9 | 18 | 33 | -15 | 14 | 0.67 |
| 13 | Alloa Athletic | 21 | 4 | 5 | 12 | 1 | 8 | 26 | 43 | -17 | 13 | 0.62 |
| 14 | Livingston | 21 | 3 | 5 | 13 | 5 | 9 | 15 | 37 | -22 | 11 | 0.52 |
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
