| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Queen of the South | 29 | 76 | 13 | 2 | 0 | 35 | 6 | 11 | 2 | 1 | 39 | 12 | |||
| 2 | Alloa Athletic | 30 | 52 | 7 | 4 | 5 | 26 | 18 | 8 | 3 | 3 | 25 | 13 | |||
| 3 | Brechin City | 25 | 48 | 9 | 0 | 2 | 28 | 16 | 6 | 3 | 5 | 21 | 21 | |||
| 4 | Forfar Athletic | 28 | 39 | 8 | 2 | 4 | 32 | 27 | 4 | 1 | 9 | 19 | 31 | |||
| 5 | Arbroath | 29 | 39 | 7 | 3 | 4 | 25 | 20 | 4 | 3 | 8 | 14 | 31 | |||
| 6 | Stenhousemuir | 29 | 36 | 6 | 5 | 3 | 20 | 18 | 2 | 7 | 6 | 28 | 35 | |||
| 7 | Ayr United | 30 | 35 | 7 | 2 | 6 | 28 | 26 | 3 | 3 | 9 | 19 | 28 | |||
| 8 | Stranraer | 28 | 29 | 6 | 4 | 5 | 23 | 26 | 2 | 1 | 10 | 11 | 31 | |||
| 9 | East Fife | 28 | 27 | 4 | 3 | 7 | 21 | 21 | 3 | 3 | 8 | 20 | 24 | |||
| 10 | Albion Rovers | 28 | 18 | 4 | 2 | 8 | 23 | 32 | 1 | 1 | 12 | 14 | 35 | |||