| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Brechin City | 34 | 69 | 12 | 1 | 4 | 47 | 22 | 9 | 5 | 3 | 32 | 17 | |||
| 2 | Stranraer | 34 | 62 | 9 | 4 | 4 | 23 | 18 | 9 | 4 | 4 | 24 | 19 | |||
| 3 | Greenock Morton | 34 | 58 | 12 | 2 | 3 | 31 | 12 | 5 | 5 | 7 | 24 | 22 | |||
| 4 | Stirling Albion | 34 | 51 | 8 | 5 | 4 | 28 | 24 | 6 | 4 | 7 | 25 | 26 | |||
| 5 | Forfar Athletic | 34 | 43 | 7 | 3 | 7 | 28 | 19 | 5 | 4 | 8 | 19 | 25 | |||
| 6 | Alloa Athletic | 34 | 42 | 5 | 7 | 5 | 36 | 35 | 6 | 2 | 9 | 26 | 32 | |||
| 7 | Ayr United | 34 | 41 | 6 | 5 | 6 | 21 | 22 | 5 | 3 | 9 | 16 | 29 | |||
| 8 | Dumbarton | 34 | 38 | 4 | 7 | 6 | 19 | 23 | 6 | 1 | 10 | 20 | 29 | |||
| 9 | Arbroath | 34 | 35 | 5 | 3 | 9 | 15 | 28 | 4 | 5 | 8 | 31 | 40 | |||
| 10 | 34 | 31 | 4 | 3 | 10 | 18 | 32 | 3 | 7 | 7 | 18 | 27 | ||||