| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Queen of the South | 36 | 67 | 12 | 2 | 4 | 33 | 19 | 8 | 5 | 5 | 31 | 23 | |||
| 2 | Alloa Athletic | 36 | 59 | 8 | 8 | 2 | 35 | 17 | 7 | 6 | 5 | 20 | 16 | |||
| 3 | Forfar Athletic | 36 | 53 | 8 | 3 | 7 | 25 | 25 | 7 | 5 | 6 | 26 | 22 | |||
| 4 | 36 | 51 | 8 | 4 | 6 | 25 | 23 | 6 | 5 | 7 | 19 | 22 | ||||
| 5 | 36 | 48 | 9 | 5 | 4 | 26 | 15 | 4 | 4 | 10 | 23 | 29 | ||||
| 6 | 36 | 47 | 6 | 4 | 8 | 19 | 28 | 6 | 7 | 5 | 25 | 24 | ||||
| 7 | Stranraer | 36 | 45 | 7 | 5 | 6 | 27 | 25 | 3 | 10 | 5 | 21 | 26 | |||
| 8 | Cowdenbeath | 36 | 44 | 5 | 8 | 5 | 27 | 28 | 6 | 3 | 9 | 22 | 23 | |||
| 9 | Stenhousemuir | 36 | 36 | 3 | 8 | 7 | 15 | 25 | 5 | 4 | 9 | 18 | 32 | |||
| 10 | Greenock Morton | 36 | 35 | 3 | 8 | 7 | 20 | 28 | 4 | 6 | 8 | 28 | 35 | |||