| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Greenock Morton | 28 | 64 | 11 | 3 | 1 | 28 | 11 | 9 | 1 | 3 | 29 | 14 | |||
| 2 | Stirling Albion | 29 | 60 | 10 | 2 | 3 | 34 | 15 | 8 | 4 | 2 | 24 | 14 | |||
| 3 | Brechin City | 29 | 47 | 7 | 2 | 5 | 25 | 20 | 7 | 3 | 5 | 26 | 18 | |||
| 4 | Raith Rovers | 29 | 46 | 5 | 4 | 5 | 18 | 17 | 8 | 3 | 4 | 21 | 11 | |||
| 5 | Ayr United | 29 | 36 | 4 | 2 | 8 | 12 | 17 | 6 | 4 | 5 | 21 | 19 | |||
| 6 | Cowdenbeath | 28 | 34 | 5 | 3 | 7 | 31 | 33 | 5 | 1 | 7 | 17 | 15 | |||
| 7 | Alloa Athletic | 29 | 34 | 4 | 5 | 5 | 18 | 21 | 5 | 2 | 8 | 16 | 36 | |||
| 8 | Peterhead | 29 | 32 | 5 | 3 | 7 | 30 | 24 | 4 | 2 | 8 | 22 | 28 | |||
| 9 | Stranraer | 28 | 29 | 6 | 1 | 6 | 17 | 25 | 2 | 4 | 9 | 15 | 35 | |||
| 10 | Forfar Athletic | 28 | 19 | 4 | 3 | 7 | 19 | 21 | 0 | 4 | 10 | 13 | 42 | |||