| P | W | D | L | CS | FtS | F | A | GD | Pt | PPG | ||
| 1 | Clyde | 20 | 13 | 5 | 2 | 9 | 2 | 44 | 22 | +22 | 31 | 1.55 |
| 2 | Alloa Athletic | 20 | 10 | 6 | 4 | 9 | 4 | 33 | 17 | +16 | 26 | 1.30 |
| 3 | Brechin City | 20 | 9 | 5 | 6 | 7 | 6 | 33 | 24 | +9 | 23 | 1.15 |
| 4 | Arbroath | 20 | 8 | 5 | 7 | 4 | 4 | 28 | 34 | -6 | 21 | 1.05 |
| 5 | East Fife | 19 | 7 | 4 | 8 | 2 | 4 | 25 | 27 | -2 | 18 | 0.95 |
| 6 | Forfar Athletic | 19 | 4 | 9 | 6 | 5 | 5 | 24 | 23 | +1 | 17 | 0.89 |
| 7 | Berwick Rangers | 19 | 6 | 4 | 9 | 5 | 6 | 20 | 23 | -3 | 16 | 0.84 |
| 8 | Cowdenbeath | 19 | 3 | 7 | 9 | 2 | 8 | 17 | 31 | -14 | 13 | 0.68 |
| 9 | Stirling Albion | 19 | 3 | 6 | 10 | 4 | 10 | 14 | 26 | -12 | 12 | 0.63 |
| 10 | Montrose | 19 | 4 | 4 | 11 | 3 | 9 | 21 | 43 | -22 | 12 | 0.63 |
| 11 | Albion Rovers | 20 | 5 | 2 | 13 | 2 | 7 | 24 | 46 | -22 | 12 | 0.60 |
| 12 | Stenhousemuir | 20 | 5 | 1 | 14 | 3 | 8 | 19 | 37 | -18 | 11 | 0.55 |
| 13 | Stranraer | 20 | 2 | 5 | 13 | 2 | 9 | 14 | 41 | -27 | 9 | 0.45 |
| 14 | Livingston | 19 | 2 | 4 | 13 | 2 | 10 | 15 | 33 | -18 | 8 | 0.42 |
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
