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