| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Queen of the South | 14 | 35 | 6 | 1 | 0 | 15 | 2 | 5 | 1 | 1 | 17 | 6 | |||
| 2 | Alloa Athletic | 14 | 29 | 4 | 2 | 2 | 15 | 9 | 5 | 0 | 1 | 12 | 4 | |||
| 3 | Brechin City | 13 | 19 | 5 | 0 | 2 | 18 | 10 | 1 | 1 | 4 | 6 | 13 | |||
| 4 | Forfar Athletic | 13 | 19 | 4 | 0 | 2 | 15 | 12 | 2 | 1 | 4 | 10 | 16 | |||
| 5 | Arbroath | 14 | 19 | 4 | 2 | 1 | 16 | 10 | 1 | 2 | 4 | 7 | 19 | |||
| 6 | Ayr United | 13 | 17 | 4 | 1 | 2 | 14 | 10 | 1 | 1 | 4 | 6 | 12 | |||
| 7 | Stenhousemuir | 14 | 16 | 2 | 2 | 2 | 9 | 10 | 1 | 5 | 2 | 16 | 20 | |||
| 8 | East Fife | 13 | 14 | 2 | 1 | 3 | 8 | 7 | 2 | 1 | 4 | 11 | 11 | |||
| 9 | Albion Rovers | 13 | 11 | 2 | 1 | 3 | 11 | 13 | 1 | 1 | 5 | 7 | 15 | |||
| 10 | Stranraer | 13 | 9 | 2 | 3 | 2 | 11 | 12 | 0 | 0 | 6 | 3 | 16 | |||