| P | W | D | L | CS | FtS | F | A | GD | Pt | PPG | ||
| 1 | Stirling Albion | 9 | 4 | 4 | 1 | 6 | 3 | 11 | 5 | +6 | 12 | 1.33 |
| 2 | Montrose | 9 | 4 | 3 | 2 | 5 | 3 | 9 | 7 | +2 | 11 | 1.22 |
| 3 | Dumbarton | 9 | 4 | 2 | 3 | 1 | 1 | 15 | 13 | +2 | 10 | 1.11 |
| 4 | Stenhousemuir | 8 | 2 | 4 | 2 | 1 | 2 | 11 | 11 | 0 | 8 | 1.00 |
| 5 | Cowdenbeath | 8 | 3 | 1 | 4 | 1 | 4 | 11 | 12 | -1 | 7 | 0.88 |
| 6 | Berwick Rangers | 10 | 3 | 2 | 5 | 1 | 1 | 11 | 18 | -7 | 8 | 0.80 |
| 7 | East Fife | 9 | 3 | 1 | 5 | 2 | 3 | 11 | 14 | -3 | 7 | 0.78 |
| 8 | Queen's Park | 11 | 4 | 0 | 7 | 2 | 4 | 10 | 15 | -5 | 8 | 0.73 |
| 9 | Alloa Athletic | 11 | 2 | 3 | 6 | 2 | 7 | 8 | 14 | -6 | 7 | 0.64 |
| 10 | Arbroath | 10 | 2 | 2 | 6 | 2 | 4 | 9 | 18 | -9 | 6 | 0.60 |
| 11 | Queen of the South | 10 | 2 | 2 | 6 | 4 | 4 | 7 | 16 | -9 | 6 | 0.60 |
| 12 | Albion Rovers | 12 | 1 | 4 | 7 | 2 | 7 | 8 | 24 | -16 | 6 | 0.50 |
| 13 | Stranraer | 9 | 2 | 0 | 7 | 1 | 3 | 9 | 18 | -9 | 4 | 0.44 |
| 14 | East Stirlingshire | 11 | 1 | 2 | 8 | 1 | 6 | 7 | 26 | -19 | 4 | 0.36 |
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
