| P | W | D | L | CS | FtS | F | A | GD | Pt | PPG | ||
| 1 | Clyde | 21 | 16 | 3 | 2 | 12 | 0 | 46 | 17 | +29 | 35 | 1.67 |
| 2 | Arbroath | 21 | 15 | 2 | 4 | 10 | 3 | 40 | 19 | +21 | 32 | 1.52 |
| 3 | Alloa Athletic | 21 | 12 | 7 | 2 | 9 | 3 | 43 | 20 | +23 | 31 | 1.48 |
| 4 | Brechin City | 21 | 13 | 3 | 5 | 9 | 6 | 42 | 19 | +23 | 29 | 1.38 |
| 5 | East Fife | 21 | 12 | 4 | 5 | 7 | 4 | 32 | 19 | +13 | 28 | 1.33 |
| 6 | Berwick Rangers | 21 | 11 | 5 | 5 | 9 | 5 | 37 | 19 | +18 | 27 | 1.29 |
| 7 | Forfar Athletic | 21 | 10 | 7 | 4 | 8 | 4 | 38 | 21 | +17 | 27 | 1.29 |
| 8 | Albion Rovers | 18 | 10 | 2 | 6 | 8 | 3 | 31 | 23 | +8 | 22 | 1.22 |
| 9 | Stirling Albion | 18 | 7 | 6 | 5 | 7 | 6 | 18 | 16 | +2 | 20 | 1.11 |
| 10 | Montrose | 18 | 7 | 5 | 6 | 3 | 2 | 32 | 33 | -1 | 19 | 1.06 |
| 11 | Cowdenbeath | 18 | 6 | 6 | 6 | 5 | 6 | 29 | 22 | +7 | 18 | 1.00 |
| 12 | Livingston | 18 | 7 | 4 | 7 | 2 | 6 | 26 | 23 | +3 | 18 | 1.00 |
| 13 | Stenhousemuir | 18 | 8 | 2 | 8 | 4 | 2 | 29 | 32 | -3 | 18 | 1.00 |
| 14 | Stranraer | 18 | 4 | 3 | 11 | 2 | 6 | 18 | 34 | -16 | 11 | 0.61 |
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
