| Clubs | P | W | D | L | FA | Point | |
| 1 | Ayr United | 5 | 3 | 2 | 0 | 8-4 | 11 |
| 2 | Raith Rovers | 5 | 3 | 2 | 0 | 7-3 | 11 |
| 3 | Brechin City | 5 | 3 | 2 | 0 | 7-4 | 11 |
| 4 | Peterhead | 5 | 2 | 2 | 1 | 7-5 | 8 |
| 5 | Stirling Albion | 5 | 1 | 2 | 2 | 6-7 | 5 |
| 6 | East Fife | 5 | 1 | 2 | 2 | 3-5 | 5 |
| 7 | Arbroath | 5 | 1 | 1 | 3 | 7-7 | 4 |
| 8 | Alloa Athletic | 5 | 1 | 1 | 3 | 7-9 | 4 |
| 9 | Queen's Park | 5 | 1 | 1 | 3 | 5-8 | 4 |
| 10 | Stranraer | 5 | 1 | 1 | 3 | 6-11 | 4 |