| Pos | Team | Pld | Pts | GD | W | D | L | F | A |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Ayr United | 34 | 54 | +73 | 25 | 4 | 5 | 122 | 49 |
| 2 | Morton | 34 | 51 | +68 | 23 | 5 | 6 | 110 | 42 |
| 3 | 34 | 48 | +49 | 22 | 4 | 8 | 100 | 51 | |
| 4 | Airdrieonians | 34 | 44 | +25 | 18 | 8 | 8 | 85 | 60 |
| 5 | East Fife | 34 | 38 | +25 | 15 | 8 | 11 | 76 | 51 |
| 6 | Cowdenbeath | 34 | 38 | +16 | 14 | 10 | 10 | 75 | 59 |
| 7 | 34 | 38 | +3 | 18 | 2 | 14 | 81 | 78 | |
| 8 | Raith Rovers | 34 | 36 | +6 | 16 | 4 | 14 | 72 | 66 |
| 9 | Alloa Athletic | 34 | 33 | -1 | 13 | 7 | 14 | 64 | 65 |
| 10 | Stenhousemuir | 34 | 32 | -4 | 14 | 4 | 16 | 82 | 86 |
| 11 | 34 | 31 | -3 | 13 | 5 | 16 | 62 | 65 | |
| 12 | Forfar Athletic | 34 | 30 | -16 | 11 | 8 | 15 | 73 | 89 |
| 13 | Montrose | 34 | 28 | -33 | 11 | 6 | 17 | 65 | 98 |
| 14 | Dundee United | 34 | 27 | -25 | 9 | 9 | 16 | 72 | 97 |
| 15 | Dumbarton | 34 | 27 | -26 | 11 | 5 | 18 | 57 | 83 |
| 16 | Brechin City | 34 | 25 | -34 | 8 | 9 | 17 | 64 | 98 |
| 17 | 34 | 25 | -45 | 11 | 3 | 20 | 61 | 106 | |
| 18 | Edinburgh City | 34 | 7 | -78 | 2 | 3 | 29 | 42 | 120 |