| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Raith Rovers | 25 | 56 | 12 | 1 | 0 | 28 | 7 | 5 | 4 | 3 | 23 | 14 | |||
| 2 | Ayr United | 24 | 48 | 6 | 2 | 4 | 27 | 18 | 9 | 1 | 2 | 37 | 14 | |||
| 3 | Alloa Athletic | 23 | 38 | 7 | 3 | 2 | 19 | 13 | 4 | 2 | 5 | 16 | 14 | |||
| 4 | Arbroath | 22 | 37 | 5 | 2 | 5 | 22 | 20 | 6 | 2 | 2 | 20 | 10 | |||
| 5 | Stranraer | 24 | 35 | 7 | 1 | 4 | 24 | 22 | 3 | 4 | 5 | 15 | 19 | |||
| 6 | East Fife | 25 | 30 | 6 | 1 | 6 | 25 | 25 | 3 | 2 | 7 | 11 | 19 | |||
| 7 | Airdrie United | 24 | 29 | 5 | 5 | 1 | 17 | 9 | 2 | 3 | 8 | 15 | 32 | |||
| 8 | Albion Rovers | 23 | 22 | 2 | 1 | 7 | 13 | 26 | 4 | 3 | 6 | 32 | 30 | |||
| 9 | Queen's Park | 25 | 21 | 1 | 5 | 7 | 14 | 34 | 4 | 1 | 7 | 14 | 19 | |||
| 10 | Forfar Athletic | 25 | 21 | 3 | 2 | 7 | 10 | 24 | 3 | 1 | 9 | 15 | 28 | |||