| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Stirling Albion | 39 | 74 | 12 | 3 | 4 | 39 | 11 | 8 | 11 | 1 | 23 | 13 | |||
| 2 | Montrose | 39 | 66 | 10 | 2 | 7 | 29 | 18 | 10 | 4 | 6 | 25 | 16 | |||
| 3 | Cowdenbeath | 39 | 63 | 9 | 4 | 7 | 31 | 26 | 9 | 5 | 5 | 33 | 24 | |||
| 4 | Stenhousemuir | 39 | 60 | 11 | 4 | 5 | 32 | 20 | 5 | 8 | 6 | 24 | 22 | |||
| 5 | Queen's Park | 39 | 59 | 11 | 6 | 2 | 27 | 12 | 6 | 2 | 12 | 21 | 30 | |||
| 6 | Stranraer | 39 | 58 | 8 | 3 | 8 | 30 | 30 | 10 | 1 | 9 | 31 | 30 | |||
| 7 | Dumbarton | 39 | 55 | 8 | 8 | 4 | 23 | 20 | 7 | 2 | 10 | 27 | 29 | |||
| 8 | 39 | 55 | 9 | 6 | 4 | 27 | 18 | 6 | 4 | 10 | 24 | 39 | ||||
| 9 | East Fife | 39 | 51 | 7 | 7 | 6 | 30 | 31 | 7 | 2 | 10 | 27 | 34 | |||
| 10 | Alloa Athletic | 39 | 50 | 8 | 4 | 7 | 27 | 22 | 5 | 7 | 8 | 24 | 24 | |||
| 11 | Albion Rovers | 39 | 46 | 8 | 5 | 6 | 31 | 30 | 3 | 8 | 9 | 17 | 33 | |||
| 12 | Queen of the South | 39 | 39 | 7 | 6 | 7 | 31 | 29 | 2 | 6 | 11 | 15 | 33 | |||
| 13 | 39 | 38 | 5 | 7 | 8 | 22 | 33 | 4 | 4 | 11 | 14 | 39 | ||||
| 14 | Arbroath | 39 | 35 | 5 | 5 | 10 | 22 | 24 | 3 | 6 | 10 | 19 | 35 | |||