| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Cowdenbeath | 36 | 71 | +39 | 13 | 4 | 1 | 37 | 10 | 7 | 7 | 4 | 31 | 19 | ||
| 2 | Arbroath | 36 | 63 | +25 | 10 | 5 | 3 | 44 | 23 | 7 | 7 | 4 | 32 | 28 | ||
| 3 | Dumbarton | 36 | 58 | 0 | 10 | 2 | 6 | 30 | 30 | 7 | 5 | 6 | 31 | 31 | ||
| 4 | Airdrie United | 36 | 52 | +8 | 9 | 4 | 5 | 43 | 30 | 5 | 6 | 7 | 25 | 30 | ||
| 5 | 36 | 51 | +5 | 9 | 2 | 7 | 32 | 23 | 6 | 4 | 8 | 22 | 26 | |||
| 6 | East Fife | 36 | 48 | -2 | 7 | 4 | 7 | 27 | 29 | 7 | 2 | 9 | 28 | 28 | ||
| 7 | Forfar Athletic | 36 | 42 | -13 | 6 | 5 | 7 | 33 | 34 | 5 | 4 | 9 | 26 | 38 | ||
| 8 | Brechin City | 36 | 41 | -15 | 5 | 6 | 7 | 24 | 30 | 5 | 5 | 8 | 23 | 32 | ||
| 9 | Albion Rovers | 36 | 37 | -23 | 6 | 6 | 6 | 25 | 22 | 4 | 1 | 13 | 18 | 44 | ||
| 10 | Stirling Albion | 36 | 34 | -24 | 4 | 5 | 9 | 22 | 29 | 5 | 2 | 11 | 24 | 41 | ||