Pos	Team	Pld	Pts	GD	W	D	L	F	A
1	Montrose	39	53	+17	22	9	8	57	40
2	Alloa Athletic	39	50	+18	20	10	9	58	40
3	Dunfermline Athletic	39	49	+25	17	15	7	61	36
4	Cowdenbeath	39	47	+29	18	11	10	68	39
5	Stenhousemuir	39	45	+2	15	15	9	45	43
6	Stirling Albion	39	43	+15	15	13	11	62	47
7	Raith Rovers	39	42	+12	18	6	15	69	57
8	Queen of the South	39	34	-14	10	14	15	42	56
9	Albion Rovers	39	34	-23	13	8	18	49	72
10	Queen's Park	39	33	-7	12	9	18	48	55
11	Stranraer	39	32	-15	13	6	20	52	67
12		39	31	-15	8	15	16	38	53
13	Berwick Rangers	39	28	-13	8	12	19	36	49
14	Arbroath	39	25	-31	9	7	23	35	66

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