| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Queen of the South | 28 | 48 | 9 | 1 | 4 | 24 | 17 | 5 | 5 | 4 | 20 | 18 | |||
| 2 | 28 | 45 | 7 | 2 | 4 | 22 | 18 | 6 | 4 | 5 | 17 | 17 | ||||
| 3 | Alloa Athletic | 27 | 44 | 5 | 5 | 2 | 22 | 12 | 7 | 3 | 5 | 18 | 14 | |||
| 4 | 28 | 39 | 8 | 3 | 4 | 23 | 14 | 3 | 3 | 7 | 16 | 21 | ||||
| 5 | Forfar Athletic | 27 | 37 | 5 | 3 | 6 | 18 | 19 | 5 | 4 | 4 | 19 | 18 | |||
| 6 | Stranraer | 28 | 35 | 5 | 4 | 6 | 22 | 22 | 3 | 7 | 3 | 15 | 16 | |||
| 7 | Stenhousemuir | 26 | 33 | 3 | 7 | 3 | 12 | 14 | 5 | 2 | 6 | 18 | 25 | |||
| 8 | 28 | 33 | 4 | 4 | 7 | 14 | 25 | 4 | 5 | 4 | 18 | 19 | ||||
| 9 | Cowdenbeath | 28 | 32 | 3 | 6 | 5 | 20 | 23 | 5 | 2 | 7 | 20 | 20 | |||
| 10 | Greenock Morton | 26 | 25 | 2 | 5 | 5 | 16 | 19 | 3 | 5 | 6 | 22 | 25 | |||