| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | 33 | 46 | 3 | 13 | 0 | 11 | 3 | 4 | 12 | 1 | 10 | 4 | ||||
| 2 | Alloa Athletic | 33 | 41 | 3 | 13 | 1 | 14 | 6 | 2 | 13 | 1 | 10 | 4 | |||
| 3 | Queen's Park | 34 | 40 | 3 | 13 | 1 | 6 | 3 | 1 | 15 | 1 | 3 | 4 | |||
| 4 | Brechin City | 33 | 38 | 2 | 13 | 1 | 5 | 5 | 2 | 13 | 2 | 6 | 10 | |||
| 5 | Airdrie United | 33 | 36 | 2 | 13 | 1 | 6 | 5 | 1 | 14 | 2 | 9 | 9 | |||
| 6 | Albion Rovers | 34 | 35 | 2 | 13 | 2 | 8 | 7 | 0 | 16 | 1 | 5 | 7 | |||
| 7 | Stranraer | 33 | 34 | 3 | 13 | 1 | 8 | 6 | 0 | 12 | 4 | 1 | 11 | |||
| 8 | East Fife | 33 | 33 | 1 | 14 | 2 | 6 | 6 | 1 | 13 | 2 | 5 | 5 | |||
| 9 | Peterhead | 33 | 33 | 1 | 14 | 1 | 5 | 6 | 1 | 13 | 3 | 2 | 8 | |||
| 10 | Stenhousemuir | 33 | 29 | 1 | 14 | 2 | 6 | 6 | 0 | 12 | 4 | 2 | 13 | |||