| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | 31 | 53 | 7 | 5 | 4 | 20 | 15 | 7 | 6 | 2 | 19 | 11 | ||||
| 2 | Stranraer | 31 | 49 | 8 | 3 | 5 | 33 | 21 | 6 | 4 | 5 | 18 | 18 | |||
| 3 | 30 | 49 | 7 | 4 | 3 | 25 | 18 | 6 | 6 | 4 | 23 | 17 | ||||
| 4 | Queen of the South | 30 | 44 | 7 | 5 | 2 | 20 | 12 | 5 | 3 | 8 | 27 | 29 | |||
| 5 | East Fife | 30 | 41 | 7 | 2 | 6 | 27 | 30 | 5 | 3 | 7 | 17 | 22 | |||
| 6 | Forfar Athletic | 31 | 39 | 6 | 4 | 6 | 26 | 25 | 4 | 5 | 6 | 20 | 30 | |||
| 7 | Stenhousemuir | 30 | 38 | 6 | 5 | 5 | 23 | 22 | 4 | 3 | 7 | 13 | 19 | |||
| 8 | Inverness Caledonian Thistle | 31 | 37 | 5 | 7 | 4 | 27 | 19 | 4 | 3 | 8 | 30 | 26 | |||
| 9 | Clyde | 30 | 34 | 5 | 4 | 6 | 19 | 22 | 3 | 6 | 6 | 17 | 25 | |||
| 10 | Brechin City | 30 | 28 | 4 | 5 | 5 | 15 | 19 | 2 | 5 | 9 | 19 | 38 | |||