| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Stranraer | 37 | 66 | 11 | 4 | 3 | 29 | 12 | 7 | 8 | 4 | 22 | 16 | |||
| 2 | Greenock Morton | 35 | 62 | 9 | 4 | 5 | 23 | 14 | 9 | 4 | 4 | 28 | 19 | |||
| 3 | Forfar Athletic | 35 | 61 | 10 | 5 | 2 | 24 | 9 | 7 | 5 | 6 | 26 | 24 | |||
| 4 | Brechin City | 38 | 60 | 6 | 11 | 3 | 27 | 22 | 8 | 7 | 3 | 26 | 18 | |||
| 5 | Airdrie United | 35 | 59 | 9 | 5 | 3 | 32 | 16 | 6 | 9 | 3 | 18 | 14 | |||
| 6 | Peterhead | 38 | 55 | 8 | 6 | 4 | 23 | 17 | 6 | 7 | 7 | 25 | 32 | |||
| 7 | Dunfermline Athletic | 37 | 47 | 7 | 6 | 5 | 25 | 20 | 4 | 8 | 7 | 14 | 22 | |||
| 8 | Stenhousemuir | 35 | 30 | 4 | 6 | 8 | 16 | 24 | 3 | 3 | 11 | 17 | 26 | |||
| 9 | Ayr United | 37 | 27 | 2 | 8 | 10 | 21 | 31 | 3 | 4 | 10 | 16 | 27 | |||
| 10 | Stirling Albion | 37 | 18 | 1 | 6 | 11 | 15 | 37 | 1 | 6 | 12 | 10 | 37 | |||