| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Greenock Morton | 22 | 54 | 9 | 3 | 0 | 22 | 6 | 8 | 0 | 2 | 24 | 11 | |||
| 2 | Stirling Albion | 22 | 42 | 7 | 2 | 2 | 24 | 12 | 5 | 4 | 2 | 17 | 12 | |||
| 3 | Brechin City | 22 | 37 | 6 | 1 | 3 | 19 | 12 | 5 | 3 | 4 | 19 | 15 | |||
| 4 | Raith Rovers | 22 | 30 | 3 | 4 | 4 | 13 | 15 | 5 | 2 | 4 | 12 | 10 | |||
| 5 | Ayr United | 22 | 29 | 3 | 1 | 6 | 9 | 12 | 5 | 4 | 3 | 16 | 13 | |||
| 6 | Cowdenbeath | 22 | 27 | 5 | 2 | 4 | 28 | 22 | 3 | 1 | 7 | 13 | 15 | |||
| 7 | Peterhead | 22 | 26 | 5 | 1 | 6 | 28 | 20 | 3 | 1 | 6 | 16 | 22 | |||
| 8 | Alloa Athletic | 22 | 25 | 3 | 5 | 3 | 15 | 14 | 3 | 2 | 6 | 11 | 27 | |||
| 9 | Stranraer | 22 | 22 | 5 | 1 | 4 | 15 | 19 | 1 | 3 | 8 | 12 | 33 | |||
| 10 | Forfar Athletic | 22 | 15 | 3 | 3 | 6 | 16 | 17 | 0 | 3 | 7 | 9 | 31 | |||