| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Greenock Morton | 36 | 77 | 13 | 4 | 1 | 41 | 13 | 11 | 1 | 6 | 35 | 19 | |||
| 2 | Stirling Albion | 36 | 69 | 12 | 2 | 4 | 37 | 17 | 9 | 4 | 5 | 30 | 22 | |||
| 3 | Raith Rovers | 36 | 62 | 7 | 5 | 6 | 22 | 18 | 11 | 3 | 4 | 28 | 15 | |||
| 4 | Brechin City | 36 | 60 | 9 | 2 | 7 | 30 | 24 | 9 | 4 | 5 | 31 | 21 | |||
| 5 | Ayr United | 36 | 50 | 7 | 3 | 8 | 21 | 23 | 7 | 5 | 6 | 25 | 24 | |||
| 6 | Cowdenbeath | 36 | 45 | 7 | 4 | 7 | 36 | 35 | 6 | 2 | 10 | 23 | 21 | |||
| 7 | Alloa Athletic | 36 | 42 | 5 | 6 | 7 | 24 | 27 | 6 | 3 | 9 | 23 | 43 | |||
| 8 | Peterhead | 36 | 41 | 6 | 5 | 7 | 34 | 27 | 5 | 3 | 10 | 26 | 35 | |||
| 9 | Stranraer | 36 | 39 | 8 | 2 | 8 | 29 | 38 | 2 | 7 | 9 | 16 | 36 | |||
| 10 | Forfar Athletic | 36 | 19 | 4 | 3 | 11 | 21 | 31 | 0 | 4 | 14 | 16 | 59 | |||