| P | W | D | L | CS | FtS | F | A | GD | Pt | PPG | ||
| 1 | Peterhead | 8 | 5 | 0 | 3 | 1 | 2 | 13 | 10 | +3 | 15 | 1.88 |
| 2 | Annan Athletic | 8 | 3 | 2 | 3 | 2 | 0 | 16 | 13 | +3 | 11 | 1.38 |
| 3 | Clyde | 8 | 3 | 2 | 3 | 2 | 2 | 7 | 12 | -5 | 11 | 1.38 |
| 4 | East Stirlingshire | 10 | 4 | 1 | 5 | 0 | 4 | 12 | 16 | -4 | 13 | 1.30 |
| 5 | Stirling Albion | 8 | 2 | 2 | 4 | 1 | 2 | 13 | 16 | -3 | 8 | 1.00 |
| 6 | Elgin City | 10 | 2 | 3 | 5 | 0 | 2 | 14 | 21 | -7 | 9 | 0.90 |
| 7 | Montrose | 10 | 1 | 3 | 6 | 1 | 4 | 9 | 22 | -13 | 6 | 0.60 |
| 8 | Queen's Park | 10 | 1 | 2 | 7 | 0 | 5 | 8 | 21 | -13 | 5 | 0.50 |
| 9 | Albion Rovers | 10 | 0 | 3 | 7 | 0 | 4 | 7 | 21 | -14 | 3 | 0.30 |
| 10 | Berwick Rangers | 8 | 0 | 2 | 6 | 0 | 3 | 8 | 20 | -12 | 2 | 0.25 |
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
