| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | 28 | 49 | 6 | 5 | 4 | 19 | 15 | 7 | 5 | 1 | 18 | 9 | ||||
| 2 | 27 | 47 | 7 | 2 | 3 | 22 | 15 | 6 | 6 | 3 | 22 | 15 | ||||
| 3 | Stranraer | 28 | 40 | 6 | 3 | 5 | 27 | 20 | 5 | 4 | 5 | 17 | 18 | |||
| 4 | Queen of the South | 27 | 40 | 7 | 5 | 2 | 20 | 12 | 4 | 2 | 7 | 23 | 25 | |||
| 5 | Stenhousemuir | 28 | 37 | 6 | 4 | 4 | 23 | 21 | 4 | 3 | 7 | 13 | 19 | |||
| 6 | East Fife | 28 | 37 | 6 | 2 | 6 | 23 | 29 | 5 | 2 | 7 | 15 | 20 | |||
| 7 | Inverness Caledonian Thistle | 28 | 36 | 5 | 6 | 3 | 27 | 17 | 4 | 3 | 7 | 30 | 25 | |||
| 8 | Forfar Athletic | 28 | 35 | 5 | 4 | 6 | 24 | 24 | 4 | 4 | 5 | 20 | 26 | |||
| 9 | Clyde | 28 | 28 | 4 | 4 | 6 | 16 | 21 | 2 | 6 | 6 | 15 | 25 | |||
| 10 | Brechin City | 28 | 28 | 4 | 5 | 4 | 15 | 17 | 2 | 5 | 8 | 18 | 34 | |||