| P | W | D | L | CS | FtS | F | A | GD | Pt | PPG | ||
| 1 | Falkirk | 10 | 6 | 2 | 2 | 5 | 2 | 19 | 8 | +11 | 14 | 1.40 |
| 2 | Brechin City | 8 | 4 | 2 | 2 | 3 | 1 | 14 | 7 | +7 | 10 | 1.25 |
| 3 | Forfar Athletic | 9 | 4 | 3 | 2 | 1 | 0 | 19 | 13 | +6 | 11 | 1.22 |
| 4 | East Stirlingshire | 9 | 4 | 3 | 2 | 2 | 1 | 13 | 11 | +2 | 11 | 1.22 |
| 5 | Albion Rovers | 8 | 3 | 3 | 2 | 3 | 0 | 19 | 11 | +8 | 9 | 1.13 |
| 6 | Queen's Park | 8 | 3 | 3 | 2 | 3 | 1 | 13 | 9 | +4 | 9 | 1.13 |
| 7 | Cowdenbeath | 11 | 4 | 4 | 3 | 4 | 3 | 13 | 11 | +2 | 12 | 1.09 |
| 8 | Queen of the South | 11 | 4 | 4 | 3 | 2 | 2 | 17 | 16 | +1 | 12 | 1.09 |
| 9 | East Fife | 10 | 3 | 3 | 4 | 2 | 3 | 9 | 13 | -4 | 9 | 0.90 |
| 10 | Montrose | 11 | 4 | 1 | 6 | 2 | 3 | 16 | 21 | -5 | 9 | 0.82 |
| 11 | Stranraer | 10 | 3 | 2 | 5 | 3 | 4 | 8 | 14 | -6 | 8 | 0.80 |
| 12 | Alloa Athletic | 10 | 2 | 3 | 5 | 0 | 2 | 18 | 21 | -3 | 7 | 0.70 |
| 13 | Stenhousemuir | 11 | 3 | 1 | 7 | 3 | 4 | 11 | 16 | -5 | 7 | 0.64 |
| 14 | Livingston | 12 | 1 | 2 | 9 | 2 | 8 | 4 | 19 | -15 | 4 | 0.33 |
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
