| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Brechin City | 36 | 72 | +38 | 12 | 1 | 5 | 47 | 25 | 10 | 5 | 3 | 34 | 18 | ||
| 2 | Stranraer | 36 | 63 | +7 | 9 | 5 | 4 | 24 | 19 | 9 | 4 | 5 | 24 | 22 | ||
| 3 | Greenock Morton | 36 | 62 | +23 | 13 | 2 | 3 | 35 | 14 | 5 | 6 | 7 | 25 | 23 | ||
| 4 | Stirling Albion | 36 | 51 | +1 | 8 | 5 | 5 | 29 | 26 | 6 | 4 | 8 | 27 | 29 | ||
| 5 | Forfar Athletic | 36 | 47 | +6 | 7 | 4 | 7 | 29 | 20 | 6 | 4 | 8 | 22 | 25 | ||
| 6 | Alloa Athletic | 36 | 46 | -2 | 6 | 7 | 5 | 39 | 35 | 6 | 3 | 9 | 27 | 33 | ||
| 7 | Dumbarton | 36 | 42 | -10 | 5 | 7 | 6 | 22 | 23 | 6 | 2 | 10 | 21 | 30 | ||
| 8 | Ayr United | 36 | 42 | -15 | 6 | 6 | 6 | 22 | 23 | 5 | 3 | 10 | 17 | 31 | ||
| 9 | Arbroath | 36 | 38 | -24 | 6 | 3 | 9 | 18 | 30 | 4 | 5 | 9 | 31 | 43 | ||
| 10 | Berwick Rangers | 36 | 34 | -24 | 5 | 3 | 10 | 20 | 33 | 3 | 7 | 8 | 20 | 31 | ||