| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Queen of the South | 18 | 47 | 8 | 1 | 0 | 20 | 3 | 7 | 1 | 1 | 25 | 8 | |||
| 2 | Alloa Athletic | 18 | 36 | 6 | 2 | 2 | 18 | 10 | 5 | 1 | 2 | 14 | 7 | |||
| 3 | Brechin City | 17 | 28 | 6 | 0 | 2 | 21 | 12 | 3 | 1 | 5 | 12 | 15 | |||
| 4 | Forfar Athletic | 18 | 26 | 5 | 1 | 3 | 20 | 19 | 3 | 1 | 5 | 14 | 20 | |||
| 5 | Arbroath | 18 | 26 | 6 | 2 | 1 | 19 | 11 | 1 | 3 | 5 | 10 | 23 | |||
| 6 | East Fife | 18 | 20 | 3 | 1 | 4 | 11 | 10 | 3 | 1 | 6 | 16 | 17 | |||
| 7 | Stenhousemuir | 18 | 19 | 3 | 2 | 3 | 11 | 13 | 1 | 5 | 4 | 18 | 24 | |||
| 8 | Ayr United | 17 | 18 | 4 | 2 | 4 | 17 | 18 | 1 | 1 | 5 | 6 | 14 | |||
| 9 | Stranraer | 18 | 18 | 3 | 3 | 3 | 14 | 16 | 2 | 0 | 7 | 8 | 22 | |||
| 10 | Albion Rovers | 18 | 14 | 3 | 1 | 5 | 17 | 19 | 1 | 1 | 7 | 8 | 18 | |||