| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Raith Rovers | 35 | 59 | 10 | 4 | 4 | 28 | 14 | 6 | 7 | 4 | 24 | 18 | |||
| 2 | Brechin City | 35 | 54 | 8 | 4 | 6 | 32 | 31 | 8 | 2 | 7 | 29 | 26 | |||
| 3 | Airdrie United | 35 | 51 | 8 | 8 | 2 | 24 | 15 | 5 | 4 | 8 | 25 | 28 | |||
| 4 | Forfar Athletic | 35 | 50 | 8 | 4 | 5 | 31 | 24 | 6 | 4 | 8 | 23 | 28 | |||
| 5 | 35 | 48 | 6 | 5 | 6 | 21 | 24 | 7 | 4 | 7 | 22 | 24 | ||||
| 6 | Stenhousemuir | 35 | 46 | 8 | 6 | 4 | 32 | 27 | 4 | 4 | 9 | 17 | 24 | |||
| 7 | 35 | 46 | 7 | 2 | 8 | 21 | 24 | 5 | 8 | 5 | 20 | 22 | ||||
| 8 | Dumbarton | 35 | 45 | 7 | 5 | 5 | 27 | 22 | 5 | 4 | 9 | 17 | 24 | |||
| 9 | Stranraer | 35 | 44 | 8 | 4 | 5 | 27 | 21 | 4 | 4 | 10 | 21 | 34 | |||
| 10 | Cowdenbeath | 35 | 35 | 5 | 5 | 8 | 20 | 21 | 3 | 6 | 8 | 25 | 35 | |||