| Pos | Team | Pld | Pts | GD | W | D | L | F | A |
|---|---|---|---|---|---|---|---|---|---|
| 1 | 36 | 72 | +27 | 21 | 9 | 6 | 51 | 24 | |
| 2 | Brechin City | 36 | 63 | +20 | 18 | 9 | 9 | 41 | 21 |
| 3 | Caledonian Thistle | 36 | 57 | +26 | 15 | 12 | 9 | 64 | 38 |
| 4 | Ross County | 36 | 53 | +17 | 12 | 17 | 7 | 56 | 39 |
| 5 | Arbroath | 36 | 52 | 0 | 13 | 13 | 10 | 41 | 41 |
| 6 | Queen's Park | 36 | 48 | -3 | 12 | 12 | 12 | 40 | 43 |
| 7 | 36 | 44 | -4 | 11 | 11 | 14 | 58 | 62 | |
| 8 | Cowdenbeath | 36 | 38 | -14 | 10 | 8 | 18 | 45 | 59 |
| 9 | Alloa Athletic | 36 | 29 | -32 | 6 | 11 | 19 | 26 | 58 |
| 10 | Albion Rovers | 36 | 29 | -37 | 7 | 8 | 21 | 37 | 74 |