| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Raith Rovers | 20 | 46 | 10 | 1 | 0 | 23 | 5 | 4 | 3 | 2 | 20 | 12 | |||
| 2 | Ayr United | 22 | 45 | 6 | 2 | 3 | 26 | 16 | 8 | 1 | 2 | 33 | 13 | |||
| 3 | Arbroath | 20 | 33 | 4 | 2 | 5 | 21 | 20 | 6 | 1 | 2 | 20 | 10 | |||
| 4 | Alloa Athletic | 20 | 31 | 6 | 2 | 2 | 18 | 13 | 3 | 2 | 5 | 14 | 13 | |||
| 5 | Stranraer | 21 | 29 | 6 | 1 | 3 | 23 | 20 | 2 | 4 | 5 | 12 | 18 | |||
| 6 | East Fife | 22 | 27 | 6 | 1 | 4 | 24 | 21 | 2 | 2 | 7 | 9 | 19 | |||
| 7 | Airdrie United | 21 | 25 | 5 | 4 | 1 | 17 | 9 | 1 | 3 | 7 | 13 | 30 | |||
| 8 | Albion Rovers | 20 | 22 | 2 | 1 | 6 | 12 | 23 | 4 | 3 | 4 | 31 | 26 | |||
| 9 | Queen's Park | 22 | 18 | 1 | 5 | 5 | 12 | 27 | 3 | 1 | 7 | 12 | 19 | |||
| 10 | Forfar Athletic | 22 | 18 | 3 | 2 | 6 | 10 | 23 | 2 | 1 | 8 | 13 | 26 | |||