| P | W | D | L | CS | FtS | F | A | GD | Pt | PPG | ||
| 1 | Berwick Rangers | 9 | 7 | 2 | 0 | 4 | 0 | 22 | 6 | +16 | 16 | 1.78 |
| 2 | Clyde | 8 | 4 | 3 | 1 | 1 | 0 | 14 | 9 | +5 | 11 | 1.38 |
| 3 | Arbroath | 8 | 3 | 3 | 2 | 0 | 2 | 10 | 12 | -2 | 9 | 1.13 |
| 4 | Forfar Athletic | 10 | 3 | 4 | 3 | 5 | 5 | 11 | 7 | +4 | 10 | 1.00 |
| 5 | Brechin City | 10 | 3 | 4 | 3 | 3 | 4 | 10 | 13 | -3 | 10 | 1.00 |
| 6 | Stirling Albion | 12 | 4 | 3 | 5 | 5 | 7 | 14 | 12 | +2 | 11 | 0.92 |
| 7 | Livingston | 10 | 3 | 3 | 4 | 2 | 0 | 14 | 17 | -3 | 9 | 0.90 |
| 8 | Montrose | 12 | 4 | 2 | 6 | 2 | 4 | 15 | 21 | -6 | 10 | 0.83 |
| 9 | Cowdenbeath | 11 | 3 | 3 | 5 | 2 | 3 | 13 | 17 | -4 | 9 | 0.82 |
| 10 | Alloa Athletic | 9 | 2 | 3 | 4 | 1 | 1 | 11 | 16 | -5 | 7 | 0.78 |
| 11 | Albion Rovers | 10 | 2 | 2 | 6 | 2 | 1 | 13 | 20 | -7 | 6 | 0.60 |
| 12 | East Fife | 9 | 1 | 3 | 5 | 1 | 4 | 7 | 15 | -8 | 5 | 0.56 |
| 13 | Stenhousemuir | 10 | 1 | 3 | 6 | 2 | 6 | 6 | 17 | -11 | 5 | 0.50 |
| 14 | Stranraer | 9 | 2 | 0 | 7 | 1 | 4 | 10 | 25 | -15 | 4 | 0.44 |
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
