| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | 36 | 55 | 5 | 13 | 0 | 19 | 4 | 5 | 12 | 1 | 12 | 4 | ||||
| 2 | Alloa Athletic | 36 | 47 | 4 | 13 | 1 | 15 | 6 | 3 | 13 | 2 | 13 | 7 | |||
| 3 | Brechin City | 36 | 43 | 3 | 14 | 1 | 6 | 5 | 2 | 14 | 2 | 7 | 11 | |||
| 4 | Airdrie United | 36 | 42 | 3 | 13 | 2 | 9 | 8 | 2 | 14 | 2 | 13 | 9 | |||
| 5 | Queen's Park | 37 | 40 | 3 | 13 | 2 | 6 | 5 | 1 | 15 | 3 | 5 | 11 | |||
| 6 | Peterhead | 38 | 40 | 3 | 14 | 2 | 11 | 9 | 1 | 14 | 4 | 4 | 13 | |||
| 7 | Stranraer | 36 | 38 | 4 | 13 | 1 | 10 | 7 | 0 | 13 | 5 | 1 | 12 | |||
| 8 | East Fife | 36 | 36 | 1 | 14 | 3 | 6 | 10 | 2 | 13 | 3 | 7 | 7 | |||
| 9 | Stenhousemuir | 36 | 36 | 1 | 15 | 2 | 7 | 7 | 2 | 12 | 4 | 5 | 13 | |||
| 10 | Albion Rovers | 37 | 35 | 2 | 13 | 4 | 8 | 10 | 0 | 16 | 2 | 5 | 8 | |||