| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Queen of the South | 27 | 45 | 9 | 1 | 4 | 24 | 17 | 4 | 5 | 4 | 18 | 17 | |||
| 2 | 27 | 44 | 7 | 2 | 4 | 22 | 18 | 6 | 3 | 5 | 15 | 15 | ||||
| 3 | Alloa Athletic | 26 | 43 | 5 | 4 | 2 | 20 | 10 | 7 | 3 | 5 | 18 | 14 | |||
| 4 | 28 | 39 | 8 | 3 | 4 | 23 | 14 | 3 | 3 | 7 | 16 | 21 | ||||
| 5 | Forfar Athletic | 26 | 36 | 5 | 2 | 6 | 18 | 19 | 5 | 4 | 4 | 19 | 18 | |||
| 6 | Stranraer | 27 | 35 | 5 | 4 | 5 | 21 | 20 | 3 | 7 | 3 | 15 | 16 | |||
| 7 | 28 | 33 | 4 | 4 | 7 | 14 | 25 | 4 | 5 | 4 | 18 | 19 | ||||
| 8 | Cowdenbeath | 27 | 31 | 3 | 6 | 5 | 20 | 23 | 5 | 1 | 7 | 20 | 20 | |||
| 9 | Stenhousemuir | 25 | 30 | 3 | 7 | 3 | 12 | 14 | 4 | 2 | 6 | 17 | 25 | |||
| 10 | Greenock Morton | 25 | 25 | 2 | 5 | 4 | 16 | 18 | 3 | 5 | 6 | 22 | 25 | |||