| P | W | D | L | CS | FtS | F | A | GD | Pt | PPG | ||
| 1 | Alloa Athletic | 9 | 5 | 2 | 2 | 5 | 2 | 12 | 6 | +6 | 12 | 1.33 |
| 2 | Clyde | 10 | 4 | 5 | 1 | 4 | 2 | 19 | 12 | +7 | 13 | 1.30 |
| 3 | Forfar Athletic | 8 | 2 | 4 | 2 | 2 | 2 | 10 | 7 | +3 | 8 | 1.00 |
| 4 | Arbroath | 10 | 2 | 5 | 3 | 2 | 2 | 12 | 19 | -7 | 9 | 0.90 |
| 5 | Brechin City | 8 | 2 | 3 | 3 | 2 | 2 | 9 | 11 | -2 | 7 | 0.88 |
| 6 | Cowdenbeath | 10 | 2 | 4 | 4 | 1 | 3 | 9 | 18 | -9 | 8 | 0.80 |
| 7 | Berwick Rangers | 9 | 2 | 1 | 6 | 1 | 3 | 7 | 13 | -6 | 5 | 0.56 |
| 8 | Stenhousemuir | 11 | 2 | 1 | 8 | 2 | 7 | 6 | 16 | -10 | 5 | 0.45 |
| 9 | East Fife | 9 | 1 | 2 | 6 | 0 | 2 | 9 | 17 | -8 | 4 | 0.44 |
| 10 | Stirling Albion | 9 | 1 | 2 | 6 | 1 | 5 | 7 | 16 | -9 | 4 | 0.44 |
| 11 | Stranraer | 12 | 1 | 3 | 8 | 2 | 6 | 8 | 26 | -18 | 5 | 0.42 |
| 12 | Montrose | 9 | 1 | 1 | 7 | 2 | 7 | 2 | 20 | -18 | 3 | 0.33 |
| 13 | Livingston | 11 | 0 | 3 | 8 | 1 | 6 | 9 | 22 | -13 | 3 | 0.27 |
| 14 | Albion Rovers | 11 | 1 | 1 | 9 | 0 | 5 | 8 | 31 | -23 | 3 | 0.27 |
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
