| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Greenock Morton | 35 | 77 | 13 | 4 | 1 | 41 | 13 | 11 | 1 | 5 | 35 | 18 | |||
| 2 | Stirling Albion | 35 | 69 | 12 | 2 | 4 | 37 | 17 | 9 | 4 | 4 | 29 | 19 | |||
| 3 | Raith Rovers | 35 | 59 | 6 | 5 | 6 | 20 | 18 | 11 | 3 | 4 | 28 | 15 | |||
| 4 | Brechin City | 35 | 57 | 8 | 2 | 7 | 29 | 24 | 9 | 4 | 5 | 31 | 21 | |||
| 5 | Ayr United | 35 | 47 | 6 | 3 | 8 | 20 | 23 | 7 | 5 | 6 | 25 | 24 | |||
| 6 | Cowdenbeath | 35 | 45 | 7 | 4 | 7 | 36 | 35 | 6 | 2 | 9 | 23 | 20 | |||
| 7 | Peterhead | 35 | 41 | 6 | 5 | 7 | 34 | 27 | 5 | 3 | 9 | 26 | 33 | |||
| 8 | Alloa Athletic | 35 | 39 | 4 | 6 | 7 | 22 | 27 | 6 | 3 | 9 | 23 | 43 | |||
| 9 | Stranraer | 35 | 36 | 7 | 2 | 8 | 26 | 37 | 2 | 7 | 9 | 16 | 36 | |||
| 10 | Forfar Athletic | 35 | 19 | 4 | 3 | 11 | 21 | 31 | 0 | 4 | 13 | 16 | 57 | |||