| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Queen of the South | 29 | 51 | 10 | 1 | 4 | 26 | 18 | 5 | 5 | 4 | 20 | 18 | |||
| 2 | Alloa Athletic | 29 | 46 | 5 | 6 | 2 | 24 | 14 | 7 | 4 | 5 | 19 | 15 | |||
| 3 | 29 | 46 | 7 | 3 | 4 | 23 | 19 | 6 | 4 | 5 | 17 | 17 | ||||
| 4 | 30 | 43 | 8 | 4 | 4 | 23 | 14 | 4 | 3 | 7 | 19 | 21 | ||||
| 5 | Forfar Athletic | 28 | 40 | 6 | 3 | 6 | 20 | 20 | 5 | 4 | 4 | 19 | 18 | |||
| 6 | Stranraer | 30 | 36 | 5 | 4 | 6 | 22 | 22 | 3 | 8 | 4 | 18 | 22 | |||
| 7 | 29 | 36 | 5 | 4 | 7 | 18 | 26 | 4 | 5 | 4 | 18 | 19 | ||||
| 8 | Stenhousemuir | 28 | 34 | 3 | 7 | 4 | 12 | 17 | 5 | 3 | 6 | 18 | 25 | |||
| 9 | Cowdenbeath | 29 | 32 | 3 | 6 | 5 | 20 | 23 | 5 | 2 | 8 | 21 | 22 | |||
| 10 | Greenock Morton | 27 | 25 | 2 | 5 | 5 | 16 | 19 | 3 | 5 | 7 | 23 | 27 | |||