| P | W | D | L | CS | FtS | F | A | GD | Pt | PPG | ||
| 1 | Cowdenbeath | 20 | 13 | 5 | 2 | 8 | 2 | 34 | 16 | +18 | 44 | 2.20 |
| 2 | Stirling Albion | 20 | 12 | 7 | 1 | 5 | 1 | 44 | 26 | +18 | 43 | 2.15 |
| 3 | Alloa Athletic | 20 | 10 | 4 | 6 | 10 | 4 | 26 | 20 | +6 | 34 | 1.70 |
| 4 | East Fife | 16 | 7 | 6 | 3 | 4 | 1 | 24 | 16 | +8 | 27 | 1.69 |
| 5 | Brechin City | 20 | 9 | 5 | 6 | 6 | 8 | 26 | 20 | +6 | 32 | 1.60 |
| 6 | Peterhead | 20 | 9 | 4 | 7 | 4 | 5 | 30 | 24 | +6 | 31 | 1.55 |
| 7 | Stenhousemuir | 16 | 5 | 6 | 5 | 6 | 3 | 18 | 17 | +1 | 21 | 1.31 |
| 8 | Clyde | 16 | 6 | 3 | 7 | 3 | 6 | 23 | 24 | -1 | 21 | 1.31 |
| 9 | Dumbarton | 16 | 6 | 3 | 7 | 5 | 5 | 22 | 26 | -4 | 21 | 1.31 |
| 10 | Arbroath | 16 | 5 | 4 | 7 | 3 | 6 | 18 | 22 | -4 | 19 | 1.19 |
3 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
