| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Greenock Morton | 26 | 58 | 10 | 3 | 1 | 26 | 10 | 8 | 1 | 3 | 26 | 14 | |||
| 2 | Stirling Albion | 26 | 51 | 9 | 2 | 3 | 30 | 15 | 6 | 4 | 2 | 21 | 13 | |||
| 3 | Brechin City | 27 | 46 | 7 | 1 | 5 | 24 | 19 | 7 | 3 | 4 | 24 | 15 | |||
| 4 | Raith Rovers | 27 | 43 | 5 | 4 | 4 | 18 | 16 | 7 | 3 | 4 | 16 | 10 | |||
| 5 | Alloa Athletic | 27 | 34 | 4 | 5 | 4 | 18 | 18 | 5 | 2 | 7 | 16 | 32 | |||
| 6 | Peterhead | 27 | 32 | 5 | 3 | 6 | 30 | 22 | 4 | 2 | 7 | 21 | 26 | |||
| 7 | Cowdenbeath | 25 | 31 | 5 | 3 | 5 | 29 | 26 | 4 | 1 | 7 | 15 | 15 | |||
| 8 | Ayr United | 27 | 30 | 3 | 2 | 8 | 9 | 16 | 5 | 4 | 5 | 18 | 19 | |||
| 9 | Stranraer | 26 | 28 | 6 | 1 | 5 | 17 | 22 | 2 | 3 | 9 | 14 | 34 | |||
| 10 | Forfar Athletic | 26 | 16 | 3 | 3 | 7 | 16 | 19 | 0 | 4 | 9 | 12 | 39 | |||