| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Ayr United | 20 | 44 | 6 | 2 | 2 | 25 | 14 | 8 | 0 | 2 | 32 | 12 | |||
| 2 | Raith Rovers | 18 | 42 | 9 | 0 | 0 | 20 | 3 | 4 | 3 | 2 | 20 | 12 | |||
| 3 | Alloa Athletic | 18 | 28 | 5 | 2 | 2 | 15 | 12 | 3 | 2 | 4 | 13 | 11 | |||
| 4 | Arbroath | 18 | 27 | 3 | 2 | 5 | 19 | 19 | 5 | 1 | 2 | 18 | 9 | |||
| 5 | Stranraer | 19 | 25 | 5 | 1 | 3 | 20 | 18 | 2 | 3 | 5 | 10 | 16 | |||
| 6 | Airdrie United | 19 | 24 | 5 | 3 | 1 | 17 | 9 | 1 | 3 | 6 | 11 | 27 | |||
| 7 | East Fife | 20 | 23 | 5 | 1 | 4 | 22 | 20 | 2 | 1 | 7 | 9 | 19 | |||
| 8 | Albion Rovers | 18 | 22 | 2 | 1 | 6 | 12 | 23 | 4 | 3 | 2 | 28 | 19 | |||
| 9 | Queen's Park | 20 | 17 | 1 | 4 | 5 | 10 | 25 | 3 | 1 | 6 | 11 | 17 | |||
| 10 | Forfar Athletic | 20 | 15 | 2 | 2 | 6 | 6 | 21 | 2 | 1 | 7 | 12 | 24 | |||