| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | 34 | 49 | 4 | 13 | 0 | 15 | 3 | 4 | 12 | 1 | 10 | 4 | ||||
| 2 | Alloa Athletic | 34 | 44 | 3 | 13 | 1 | 14 | 6 | 3 | 13 | 1 | 11 | 4 | |||
| 3 | Queen's Park | 35 | 40 | 3 | 13 | 1 | 6 | 3 | 1 | 15 | 2 | 3 | 8 | |||
| 4 | Brechin City | 34 | 39 | 2 | 14 | 1 | 5 | 5 | 2 | 13 | 2 | 6 | 10 | |||
| 5 | East Fife | 34 | 36 | 1 | 14 | 2 | 6 | 6 | 2 | 13 | 2 | 6 | 5 | |||
| 6 | Airdrie United | 34 | 36 | 2 | 13 | 2 | 6 | 6 | 1 | 14 | 2 | 9 | 9 | |||
| 7 | Albion Rovers | 35 | 35 | 2 | 13 | 3 | 8 | 8 | 0 | 16 | 1 | 5 | 7 | |||
| 8 | Stranraer | 34 | 35 | 3 | 13 | 1 | 8 | 6 | 0 | 13 | 4 | 1 | 11 | |||
| 9 | Peterhead | 34 | 33 | 1 | 14 | 2 | 5 | 7 | 1 | 13 | 3 | 2 | 8 | |||
| 10 | Stenhousemuir | 34 | 32 | 1 | 14 | 2 | 6 | 6 | 1 | 12 | 4 | 3 | 13 | |||