| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Ayr United | 31 | 67 | 10 | 2 | 4 | 40 | 18 | 11 | 2 | 2 | 43 | 17 | |||
| 2 | Raith Rovers | 31 | 64 | 13 | 2 | 0 | 32 | 9 | 6 | 5 | 5 | 28 | 22 | |||
| 3 | Arbroath | 31 | 52 | 6 | 4 | 6 | 27 | 24 | 9 | 3 | 3 | 33 | 20 | |||
| 4 | Alloa Athletic | 31 | 50 | 8 | 4 | 3 | 27 | 20 | 6 | 4 | 6 | 23 | 19 | |||
| 5 | Stranraer | 31 | 41 | 8 | 1 | 7 | 30 | 32 | 4 | 4 | 7 | 20 | 28 | |||
| 6 | East Fife | 31 | 39 | 8 | 1 | 6 | 29 | 26 | 4 | 2 | 10 | 13 | 27 | |||
| 7 | Airdrie United | 31 | 37 | 7 | 6 | 2 | 24 | 15 | 2 | 4 | 10 | 18 | 39 | |||
| 8 | Forfar Athletic | 31 | 31 | 6 | 2 | 8 | 19 | 28 | 3 | 2 | 10 | 17 | 32 | |||
| 9 | Albion Rovers | 31 | 27 | 2 | 3 | 11 | 21 | 39 | 5 | 3 | 7 | 35 | 34 | |||
| 10 | Queen's Park | 31 | 26 | 1 | 6 | 8 | 17 | 38 | 5 | 2 | 9 | 19 | 28 | |||