| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | 39 | 70 | 10 | 3 | 6 | 28 | 20 | 11 | 4 | 5 | 27 | 20 | ||||
| 2 | Falkirk | 39 | 69 | 11 | 7 | 2 | 34 | 12 | 8 | 5 | 6 | 31 | 23 | |||
| 3 | Forfar Athletic | 39 | 65 | 9 | 6 | 5 | 34 | 27 | 10 | 2 | 7 | 29 | 25 | |||
| 4 | Albion Rovers | 39 | 60 | 11 | 5 | 3 | 46 | 21 | 5 | 7 | 8 | 27 | 35 | |||
| 5 | Queen's Park | 39 | 57 | 8 | 5 | 6 | 32 | 21 | 8 | 4 | 8 | 27 | 26 | |||
| 6 | Stenhousemuir | 39 | 57 | 10 | 1 | 8 | 32 | 22 | 6 | 8 | 6 | 24 | 29 | |||
| 7 | Brechin City | 39 | 55 | 9 | 4 | 6 | 35 | 23 | 6 | 6 | 8 | 26 | 36 | |||
| 8 | Cowdenbeath | 39 | 54 | 9 | 7 | 4 | 33 | 24 | 5 | 5 | 9 | 21 | 28 | |||
| 9 | Montrose | 39 | 52 | 8 | 5 | 7 | 37 | 35 | 6 | 5 | 8 | 23 | 28 | |||
| 10 | East Fife | 39 | 45 | 9 | 6 | 5 | 28 | 23 | 3 | 3 | 13 | 19 | 36 | |||
| 11 | Stranraer | 39 | 44 | 7 | 4 | 8 | 26 | 25 | 5 | 4 | 11 | 25 | 39 | |||
| 12 | Meadowbank Thistle | 39 | 44 | 7 | 2 | 11 | 17 | 29 | 5 | 6 | 8 | 26 | 42 | |||
| 13 | Queen of the South | 39 | 42 | 6 | 6 | 8 | 29 | 29 | 5 | 3 | 11 | 22 | 40 | |||
| 14 | Alloa Athletic | 39 | 40 | 8 | 4 | 7 | 32 | 28 | 3 | 3 | 14 | 12 | 36 | |||