| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Greenock Morton | 27 | 61 | 11 | 3 | 1 | 28 | 11 | 8 | 1 | 3 | 26 | 14 | |||
| 2 | Stirling Albion | 28 | 57 | 10 | 2 | 3 | 34 | 15 | 7 | 4 | 2 | 23 | 14 | |||
| 3 | Brechin City | 28 | 46 | 7 | 1 | 5 | 24 | 19 | 7 | 3 | 5 | 26 | 18 | |||
| 4 | Raith Rovers | 28 | 46 | 5 | 4 | 4 | 18 | 16 | 8 | 3 | 4 | 21 | 11 | |||
| 5 | Alloa Athletic | 28 | 34 | 4 | 5 | 4 | 18 | 18 | 5 | 2 | 8 | 16 | 36 | |||
| 6 | Ayr United | 28 | 33 | 3 | 2 | 8 | 9 | 16 | 6 | 4 | 5 | 21 | 19 | |||
| 7 | Peterhead | 28 | 32 | 5 | 3 | 6 | 30 | 22 | 4 | 2 | 8 | 22 | 28 | |||
| 8 | Cowdenbeath | 27 | 31 | 5 | 3 | 7 | 31 | 33 | 4 | 1 | 7 | 15 | 15 | |||
| 9 | Stranraer | 27 | 28 | 6 | 1 | 6 | 17 | 25 | 2 | 3 | 9 | 14 | 34 | |||
| 10 | Forfar Athletic | 27 | 19 | 4 | 3 | 7 | 19 | 21 | 0 | 4 | 9 | 12 | 39 | |||