| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Greenock Morton | 9 | 23 | 3 | 2 | 0 | 8 | 1 | 4 | 0 | 0 | 12 | 2 | |||
| 2 | Stirling Albion | 9 | 16 | 2 | 2 | 1 | 10 | 7 | 2 | 2 | 0 | 6 | 4 | |||
| 3 | Ayr United | 9 | 16 | 1 | 0 | 3 | 2 | 8 | 4 | 1 | 0 | 7 | 1 | |||
| 4 | Cowdenbeath | 9 | 14 | 2 | 1 | 2 | 14 | 10 | 2 | 1 | 1 | 8 | 3 | |||
| 5 | Peterhead | 9 | 11 | 2 | 1 | 2 | 14 | 8 | 1 | 1 | 2 | 5 | 8 | |||
| 6 | Brechin City | 9 | 11 | 2 | 0 | 2 | 6 | 5 | 1 | 2 | 2 | 6 | 7 | |||
| 7 | Stranraer | 9 | 11 | 2 | 0 | 2 | 5 | 8 | 1 | 2 | 2 | 9 | 11 | |||
| 8 | Raith Rovers | 9 | 10 | 0 | 3 | 1 | 2 | 4 | 2 | 1 | 2 | 6 | 5 | |||
| 9 | Alloa Athletic | 9 | 6 | 0 | 2 | 2 | 3 | 5 | 1 | 1 | 3 | 3 | 12 | |||
| 10 | Forfar Athletic | 9 | 5 | 1 | 1 | 3 | 4 | 8 | 0 | 1 | 3 | 2 | 15 | |||