| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Cowdenbeath | 28 | 59 | 11 | 2 | 0 | 29 | 6 | 6 | 6 | 3 | 27 | 16 | |||
| 2 | Arbroath | 28 | 55 | 10 | 5 | 0 | 42 | 17 | 5 | 5 | 3 | 24 | 21 | |||
| 3 | Dumbarton | 28 | 45 | 7 | 2 | 4 | 23 | 21 | 6 | 4 | 5 | 27 | 25 | |||
| 4 | Stenhousemuir | 28 | 40 | 8 | 2 | 4 | 28 | 15 | 4 | 2 | 8 | 17 | 25 | |||
| 5 | East Fife | 28 | 35 | 6 | 3 | 5 | 23 | 23 | 4 | 2 | 8 | 17 | 24 | |||
| 6 | Brechin City | 28 | 34 | 4 | 5 | 5 | 18 | 22 | 4 | 5 | 5 | 16 | 20 | |||
| 7 | Airdrie United | 28 | 33 | 5 | 4 | 5 | 32 | 29 | 3 | 5 | 6 | 19 | 28 | |||
| 8 | Forfar Athletic | 28 | 30 | 4 | 5 | 6 | 24 | 27 | 3 | 4 | 6 | 23 | 31 | |||
| 9 | Stirling Albion | 28 | 27 | 4 | 4 | 6 | 20 | 22 | 3 | 2 | 9 | 17 | 34 | |||
| 10 | Albion Rovers | 28 | 26 | 5 | 4 | 5 | 21 | 18 | 2 | 1 | 11 | 13 | 36 | |||