| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | 26 | 57 | 9 | 3 | 1 | 25 | 8 | 8 | 3 | 2 | 21 | 7 | ||||
| 2 | Raith Rovers | 26 | 55 | 6 | 6 | 1 | 21 | 14 | 9 | 4 | 0 | 24 | 8 | |||
| 3 | Alloa Athletic | 26 | 49 | 6 | 5 | 2 | 26 | 17 | 8 | 2 | 3 | 22 | 15 | |||
| 4 | Cowdenbeath | 26 | 40 | 7 | 4 | 2 | 26 | 15 | 4 | 3 | 6 | 18 | 28 | |||
| 5 | Queen's Park | 26 | 39 | 8 | 2 | 3 | 24 | 14 | 2 | 7 | 4 | 17 | 19 | |||
| 6 | Stranraer | 26 | 36 | 6 | 1 | 6 | 25 | 19 | 5 | 2 | 6 | 24 | 24 | |||
| 7 | Stirling Albion | 26 | 34 | 6 | 3 | 4 | 26 | 15 | 3 | 4 | 6 | 13 | 17 | |||
| 8 | 26 | 32 | 5 | 5 | 3 | 17 | 14 | 3 | 3 | 7 | 16 | 19 | ||||
| 9 | Stenhousemuir | 26 | 32 | 6 | 1 | 6 | 20 | 20 | 3 | 4 | 6 | 19 | 24 | |||
| 10 | Albion Rovers | 26 | 31 | 5 | 5 | 3 | 23 | 15 | 2 | 5 | 6 | 12 | 23 | |||
| 11 | 26 | 26 | 3 | 3 | 7 | 14 | 24 | 4 | 2 | 7 | 18 | 20 | ||||
| 12 | Brechin City | 26 | 23 | 4 | 2 | 7 | 15 | 25 | 2 | 3 | 8 | 15 | 28 | |||
| 13 | Forfar Athletic | 26 | 22 | 3 | 6 | 4 | 16 | 18 | 1 | 4 | 8 | 12 | 30 | |||
| 14 | Meadowbank Thistle | 26 | 21 | 4 | 3 | 6 | 14 | 23 | 1 | 3 | 9 | 10 | 30 | |||