| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Greenock Morton | 20 | 48 | 7 | 3 | 0 | 18 | 4 | 8 | 0 | 2 | 24 | 11 | |||
| 2 | Stirling Albion | 20 | 42 | 7 | 2 | 1 | 24 | 11 | 5 | 4 | 1 | 16 | 10 | |||
| 3 | Brechin City | 20 | 34 | 6 | 1 | 3 | 19 | 12 | 4 | 3 | 3 | 17 | 14 | |||
| 4 | Cowdenbeath | 20 | 27 | 5 | 2 | 3 | 28 | 19 | 3 | 1 | 6 | 13 | 13 | |||
| 5 | Ayr United | 20 | 27 | 3 | 1 | 6 | 9 | 12 | 5 | 2 | 3 | 14 | 11 | |||
| 6 | Raith Rovers | 20 | 24 | 2 | 4 | 4 | 12 | 15 | 4 | 2 | 4 | 11 | 10 | |||
| 7 | Alloa Athletic | 20 | 24 | 3 | 4 | 3 | 14 | 13 | 3 | 2 | 5 | 10 | 25 | |||
| 8 | Stranraer | 20 | 22 | 5 | 1 | 3 | 15 | 17 | 1 | 3 | 7 | 12 | 28 | |||
| 9 | Peterhead | 20 | 20 | 4 | 1 | 6 | 23 | 20 | 2 | 1 | 6 | 13 | 22 | |||
| 10 | Forfar Athletic | 20 | 11 | 2 | 2 | 6 | 13 | 16 | 0 | 3 | 7 | 9 | 31 | |||