Pos	Team	Pld	Pts	GD	W	D	L	F	A
1	Stranraer	39	56	+28	23	10	6	63	35
2	Berwick Rangers	39	48	+29	18	12	9	75	46
3	Stenhousemuir	39	47	+18	19	9	11	62	44
4	Meadowbank Thistle	39	47	+14	17	13	9	62	48
5	Queen of the South	39	43	+21	17	9	13	69	48
6	East Fife	39	41	+6	15	11	13	58	52
7	Alloa Athletic	39	41	+2	12	17	10	41	39
8	Forfar Athletic	39	39	0	14	11	14	58	58
9		39	37	-3	13	11	15	54	57
10	Montrose	39	36	-5	14	8	17	56	61
11	Queen's Park	39	34	-24	12	10	17	52	76
12	Arbroath	39	33	-25	12	9	18	42	67
13	Albion Rovers	39	24	-29	7	10	22	37	66
14	Cowdenbeath	39	20	-32	6	8	25	40	72

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