| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Greenock Morton | 25 | 48 | 5 | 6 | 1 | 28 | 21 | 8 | 3 | 2 | 28 | 14 | |||
| 2 | Airdrie United | 25 | 43 | 7 | 4 | 2 | 23 | 15 | 5 | 3 | 4 | 14 | 14 | |||
| 3 | 26 | 41 | 6 | 2 | 5 | 20 | 16 | 6 | 3 | 4 | 27 | 22 | ||||
| 4 | Forfar Athletic | 25 | 39 | 6 | 2 | 3 | 18 | 16 | 5 | 4 | 5 | 20 | 21 | |||
| 5 | 25 | 37 | 6 | 0 | 6 | 22 | 24 | 5 | 4 | 4 | 25 | 22 | ||||
| 6 | Dumbarton | 25 | 35 | 8 | 2 | 2 | 18 | 9 | 2 | 3 | 8 | 14 | 23 | |||
| 7 | Alloa Athletic | 25 | 32 | 5 | 4 | 5 | 27 | 21 | 4 | 1 | 6 | 15 | 18 | |||
| 8 | East Fife | 26 | 30 | 5 | 2 | 6 | 17 | 16 | 3 | 4 | 6 | 10 | 16 | |||
| 9 | Arbroath | 25 | 25 | 4 | 5 | 5 | 14 | 18 | 2 | 2 | 7 | 10 | 22 | |||
| 10 | Stenhousemuir | 25 | 20 | 4 | 1 | 7 | 11 | 17 | 2 | 1 | 10 | 10 | 26 | |||