| P | W | D | L | CS | FtS | F | A | GD | Pt | PPG | ||
| 1 | Clyde | 18 | 8 | 8 | 2 | 5 | 2 | 33 | 21 | +12 | 24 | 1.33 |
| 2 | Berwick Rangers | 18 | 9 | 3 | 6 | 5 | 3 | 29 | 19 | +10 | 21 | 1.17 |
| 3 | Alloa Athletic | 18 | 7 | 5 | 6 | 6 | 3 | 23 | 22 | +1 | 19 | 1.06 |
| 4 | Forfar Athletic | 18 | 5 | 8 | 5 | 7 | 7 | 21 | 14 | +7 | 18 | 1.00 |
| 5 | Arbroath | 18 | 5 | 8 | 5 | 2 | 4 | 22 | 31 | -9 | 18 | 1.00 |
| 6 | Brechin City | 18 | 5 | 7 | 6 | 5 | 6 | 19 | 24 | -5 | 17 | 0.94 |
| 7 | Cowdenbeath | 21 | 5 | 7 | 9 | 3 | 6 | 22 | 35 | -13 | 17 | 0.81 |
| 8 | Stirling Albion | 21 | 5 | 5 | 11 | 6 | 12 | 21 | 28 | -7 | 15 | 0.71 |
| 9 | Montrose | 21 | 5 | 3 | 13 | 4 | 11 | 17 | 41 | -24 | 13 | 0.62 |
| 10 | Livingston | 21 | 3 | 6 | 12 | 3 | 6 | 23 | 39 | -16 | 12 | 0.57 |
| 11 | East Fife | 18 | 2 | 5 | 11 | 1 | 6 | 16 | 32 | -16 | 9 | 0.50 |
| 12 | Stenhousemuir | 21 | 3 | 4 | 14 | 4 | 13 | 12 | 33 | -21 | 10 | 0.48 |
| 13 | Albion Rovers | 21 | 3 | 3 | 15 | 2 | 6 | 21 | 51 | -30 | 9 | 0.43 |
| 14 | Stranraer | 21 | 3 | 3 | 15 | 3 | 10 | 18 | 51 | -33 | 9 | 0.43 |
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
