| P | W | D | L | CS | FtS | F | A | GD | Pt | PPG | ||
| 1 | St Johnstone | 10 | 6 | 4 | 0 | 6 | 2 | 14 | 4 | +10 | 16 | 1.60 |
| 2 | Stirling Albion | 8 | 4 | 3 | 1 | 2 | 1 | 16 | 13 | +3 | 11 | 1.38 |
| 3 | Ayr United | 8 | 4 | 2 | 2 | 3 | 2 | 14 | 8 | +6 | 10 | 1.25 |
| 4 | Brechin City | 10 | 5 | 2 | 3 | 2 | 1 | 15 | 13 | +2 | 12 | 1.20 |
| 5 | Queen's Park | 9 | 4 | 2 | 3 | 2 | 2 | 11 | 9 | +2 | 10 | 1.11 |
| 6 | Albion Rovers | 12 | 4 | 3 | 5 | 2 | 1 | 15 | 22 | -7 | 11 | 0.92 |
| 7 | Stenhousemuir | 11 | 3 | 3 | 5 | 5 | 5 | 11 | 16 | -5 | 9 | 0.82 |
| 8 | Alloa Athletic | 11 | 3 | 2 | 6 | 3 | 4 | 12 | 14 | -2 | 8 | 0.73 |
| 9 | East Stirlingshire | 7 | 2 | 1 | 4 | 1 | 4 | 6 | 10 | -4 | 5 | 0.71 |
| 10 | Arbroath | 10 | 2 | 3 | 5 | 0 | 2 | 13 | 19 | -6 | 7 | 0.70 |
| 11 | Cowdenbeath | 11 | 1 | 4 | 6 | 3 | 5 | 9 | 22 | -13 | 6 | 0.55 |
| 12 | Stranraer | 8 | 0 | 3 | 5 | 1 | 2 | 8 | 18 | -10 | 3 | 0.38 |
| 13 | Montrose | 10 | 1 | 1 | 8 | 1 | 5 | 7 | 19 | -12 | 3 | 0.30 |
| 14 | Berwick Rangers | 10 | 0 | 2 | 8 | 1 | 8 | 2 | 19 | -17 | 2 | 0.20 |
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