| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | 32 | 43 | 3 | 13 | 0 | 11 | 3 | 3 | 12 | 1 | 9 | 4 | ||||
| 2 | Alloa Athletic | 32 | 38 | 2 | 13 | 1 | 8 | 5 | 2 | 13 | 1 | 10 | 4 | |||
| 3 | Brechin City | 32 | 38 | 2 | 13 | 1 | 5 | 5 | 2 | 13 | 1 | 5 | 4 | |||
| 4 | Queen's Park | 33 | 37 | 2 | 13 | 1 | 4 | 3 | 1 | 15 | 1 | 3 | 4 | |||
| 5 | Airdrie United | 32 | 36 | 2 | 13 | 1 | 6 | 5 | 1 | 14 | 1 | 8 | 7 | |||
| 6 | Albion Rovers | 33 | 35 | 2 | 13 | 2 | 8 | 7 | 0 | 16 | 0 | 5 | 5 | |||
| 7 | East Fife | 32 | 33 | 1 | 14 | 1 | 5 | 4 | 1 | 13 | 2 | 5 | 5 | |||
| 8 | Stranraer | 32 | 31 | 2 | 13 | 1 | 6 | 5 | 0 | 12 | 4 | 1 | 11 | |||
| 9 | Peterhead | 32 | 30 | 1 | 14 | 1 | 5 | 6 | 0 | 13 | 3 | 0 | 7 | |||
| 10 | Stenhousemuir | 32 | 29 | 1 | 14 | 1 | 6 | 5 | 0 | 12 | 4 | 2 | 13 | |||