| Pos | Team | Pld | Pts | GD | W | D | L | F | A |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Arbroath | 36 | 70 | +25 | 20 | 10 | 6 | 63 | 38 |
| 2 | Forfar Athletic | 36 | 63 | +7 | 19 | 6 | 11 | 54 | 47 |
| 3 | Raith Rovers | 36 | 60 | +26 | 16 | 12 | 8 | 75 | 49 |
| 4 | Montrose | 36 | 51 | -1 | 15 | 6 | 15 | 49 | 50 |
| 5 | Airdrie United | 36 | 48 | +7 | 14 | 6 | 16 | 51 | 44 |
| 6 | Dumbarton | 36 | 46 | 0 | 12 | 10 | 14 | 60 | 60 |
| 7 | East Fife | 36 | 46 | -7 | 13 | 7 | 16 | 49 | 56 |
| 8 | Stranraer | 36 | 42 | -12 | 11 | 9 | 16 | 45 | 57 |
| 9 | Stenhousemuir | 36 | 37 | -26 | 10 | 7 | 19 | 35 | 61 |
| 10 | Brechin City | 36 | 36 | -19 | 9 | 9 | 18 | 42 | 61 |