| P | W | D | L | CS | FtS | F | A | GD | Pt | PPG | ||
| 1 | Stirling Albion | 9 | 5 | 2 | 2 | 4 | 3 | 16 | 5 | +11 | 12 | 1.33 |
| 2 | Queen's Park | 7 | 3 | 3 | 1 | 4 | 3 | 6 | 5 | +1 | 9 | 1.29 |
| 3 | Montrose | 9 | 5 | 0 | 4 | 4 | 2 | 10 | 8 | +2 | 10 | 1.11 |
| 4 | Dumbarton | 9 | 3 | 4 | 2 | 4 | 3 | 8 | 8 | 0 | 10 | 1.11 |
| 5 | Stenhousemuir | 10 | 4 | 2 | 4 | 1 | 2 | 16 | 15 | +1 | 10 | 1.00 |
| 6 | Berwick Rangers | 11 | 4 | 3 | 4 | 1 | 4 | 12 | 12 | 0 | 11 | 1.00 |
| 7 | Alloa Athletic | 10 | 4 | 2 | 4 | 3 | 3 | 8 | 8 | 0 | 10 | 1.00 |
| 8 | East Fife | 12 | 4 | 4 | 4 | 1 | 1 | 16 | 21 | -5 | 12 | 1.00 |
| 9 | Queen of the South | 11 | 3 | 4 | 4 | 2 | 3 | 15 | 19 | -4 | 10 | 0.91 |
| 10 | Albion Rovers | 9 | 3 | 2 | 4 | 2 | 3 | 11 | 17 | -6 | 8 | 0.89 |
| 11 | Cowdenbeath | 10 | 3 | 2 | 5 | 1 | 3 | 15 | 17 | -2 | 8 | 0.80 |
| 12 | Stranraer | 9 | 3 | 1 | 5 | 2 | 1 | 10 | 18 | -8 | 7 | 0.78 |
| 13 | East Stirlingshire | 10 | 2 | 3 | 5 | 2 | 4 | 9 | 14 | -5 | 7 | 0.70 |
| 14 | Arbroath | 11 | 3 | 1 | 7 | 3 | 5 | 12 | 16 | -4 | 7 | 0.64 |
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
