| 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 | 26 | 44 | 7 | 4 | 2 | 23 | 15 | 5 | 4 | 4 | 15 | 15 | |||
| 3 | 27 | 41 | 6 | 2 | 6 | 20 | 17 | 6 | 3 | 4 | 27 | 22 | ||||
| 4 | Forfar Athletic | 26 | 40 | 6 | 3 | 3 | 20 | 18 | 5 | 4 | 5 | 20 | 21 | |||
| 5 | Dumbarton | 26 | 38 | 8 | 2 | 2 | 18 | 9 | 3 | 3 | 8 | 17 | 24 | |||
| 6 | 26 | 38 | 6 | 1 | 6 | 23 | 25 | 5 | 4 | 4 | 25 | 22 | ||||
| 7 | Alloa Athletic | 26 | 35 | 5 | 4 | 5 | 27 | 21 | 5 | 1 | 6 | 16 | 18 | |||
| 8 | East Fife | 27 | 30 | 5 | 2 | 7 | 18 | 19 | 3 | 4 | 6 | 10 | 16 | |||
| 9 | Arbroath | 26 | 26 | 4 | 5 | 5 | 14 | 18 | 2 | 3 | 7 | 12 | 24 | |||
| 10 | Stenhousemuir | 25 | 20 | 4 | 1 | 7 | 11 | 17 | 2 | 1 | 10 | 10 | 26 | |||