| P | W | D | L | CS | FtS | F | A | GD | Pt | PPG | ||
| 1 | Arbroath | 10 | 8 | 0 | 2 | 3 | 1 | 25 | 9 | +16 | 16 | 1.60 |
| 2 | Alloa Athletic | 11 | 5 | 5 | 1 | 5 | 1 | 22 | 9 | +13 | 15 | 1.36 |
| 3 | Queen of the South | 11 | 5 | 4 | 2 | 3 | 3 | 17 | 8 | +9 | 14 | 1.27 |
| 4 | Stenhousemuir | 8 | 4 | 2 | 2 | 3 | 2 | 14 | 8 | +6 | 10 | 1.25 |
| 5 | Queen's Park | 11 | 3 | 7 | 1 | 2 | 1 | 19 | 14 | +5 | 13 | 1.18 |
| 6 | Brechin City | 11 | 4 | 5 | 2 | 4 | 3 | 15 | 13 | +2 | 13 | 1.18 |
| 7 | Forfar Athletic | 11 | 5 | 2 | 4 | 5 | 2 | 21 | 16 | +5 | 12 | 1.09 |
| 8 | Livingston | 9 | 4 | 1 | 4 | 1 | 0 | 15 | 13 | +2 | 9 | 1.00 |
| 9 | Montrose | 10 | 4 | 2 | 4 | 3 | 2 | 17 | 17 | 0 | 10 | 1.00 |
| 10 | Clyde | 8 | 2 | 4 | 2 | 2 | 2 | 12 | 13 | -1 | 8 | 1.00 |
| 11 | Cowdenbeath | 9 | 3 | 2 | 4 | 2 | 2 | 14 | 13 | +1 | 8 | 0.89 |
| 12 | Albion Rovers | 8 | 2 | 3 | 3 | 1 | 1 | 13 | 14 | -1 | 7 | 0.88 |
| 13 | East Fife | 10 | 2 | 3 | 5 | 1 | 3 | 13 | 19 | -6 | 7 | 0.70 |
| 14 | Stranraer | 10 | 3 | 1 | 6 | 1 | 2 | 13 | 21 | -8 | 7 | 0.70 |
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
