| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Ayr United | 29 | 61 | 9 | 2 | 4 | 36 | 18 | 10 | 2 | 2 | 40 | 15 | |||
| 2 | Raith Rovers | 29 | 58 | 12 | 2 | 0 | 30 | 9 | 5 | 5 | 5 | 26 | 21 | |||
| 3 | Arbroath | 29 | 49 | 6 | 4 | 5 | 25 | 21 | 8 | 3 | 3 | 31 | 19 | |||
| 4 | Alloa Athletic | 29 | 46 | 8 | 4 | 3 | 27 | 20 | 5 | 3 | 6 | 18 | 16 | |||
| 5 | East Fife | 29 | 39 | 8 | 1 | 6 | 29 | 26 | 4 | 2 | 8 | 13 | 23 | |||
| 6 | Stranraer | 30 | 38 | 8 | 1 | 7 | 30 | 32 | 3 | 4 | 7 | 17 | 26 | |||
| 7 | Airdrie United | 29 | 36 | 7 | 5 | 1 | 21 | 11 | 2 | 4 | 10 | 18 | 39 | |||
| 8 | Forfar Athletic | 30 | 28 | 5 | 2 | 8 | 17 | 28 | 3 | 2 | 10 | 17 | 32 | |||
| 9 | Albion Rovers | 28 | 27 | 2 | 3 | 8 | 17 | 31 | 5 | 3 | 7 | 35 | 34 | |||
| 10 | Queen's Park | 30 | 26 | 1 | 6 | 8 | 17 | 38 | 5 | 2 | 8 | 19 | 24 | |||