| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Queen of the South | 30 | 54 | 10 | 1 | 4 | 26 | 18 | 6 | 5 | 4 | 24 | 19 | |||
| 2 | Alloa Athletic | 30 | 49 | 6 | 6 | 2 | 26 | 15 | 7 | 4 | 5 | 19 | 15 | |||
| 3 | 30 | 46 | 7 | 3 | 4 | 23 | 19 | 6 | 4 | 6 | 18 | 19 | ||||
| 4 | 31 | 43 | 8 | 4 | 4 | 23 | 14 | 4 | 3 | 8 | 21 | 24 | ||||
| 5 | Forfar Athletic | 30 | 43 | 7 | 3 | 6 | 22 | 20 | 5 | 4 | 5 | 20 | 20 | |||
| 6 | Stranraer | 31 | 39 | 6 | 4 | 6 | 25 | 24 | 3 | 8 | 4 | 18 | 22 | |||
| 7 | Cowdenbeath | 31 | 36 | 4 | 6 | 5 | 22 | 24 | 5 | 3 | 8 | 21 | 22 | |||
| 8 | 30 | 36 | 5 | 4 | 7 | 18 | 26 | 4 | 5 | 5 | 20 | 22 | ||||
| 9 | Stenhousemuir | 30 | 34 | 3 | 7 | 5 | 13 | 21 | 5 | 3 | 7 | 18 | 27 | |||
| 10 | Greenock Morton | 29 | 29 | 3 | 6 | 5 | 19 | 21 | 3 | 5 | 7 | 23 | 27 | |||