| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Ayr United | 36 | 76 | 11 | 2 | 5 | 43 | 20 | 13 | 2 | 3 | 49 | 22 | |||
| 2 | Raith Rovers | 36 | 75 | 15 | 3 | 0 | 36 | 9 | 7 | 6 | 5 | 32 | 23 | |||
| 3 | Alloa Athletic | 36 | 60 | 10 | 4 | 4 | 32 | 24 | 7 | 5 | 6 | 24 | 19 | |||
| 4 | Arbroath | 36 | 59 | 7 | 5 | 6 | 30 | 25 | 10 | 3 | 5 | 40 | 26 | |||
| 5 | Stranraer | 36 | 53 | 9 | 1 | 8 | 32 | 35 | 7 | 4 | 7 | 26 | 31 | |||
| 6 | East Fife | 36 | 42 | 8 | 1 | 9 | 33 | 37 | 5 | 2 | 11 | 16 | 30 | |||
| 7 | Airdrie United | 36 | 41 | 8 | 6 | 4 | 28 | 19 | 2 | 5 | 11 | 18 | 41 | |||
| 8 | Forfar Athletic | 36 | 38 | 6 | 3 | 9 | 20 | 30 | 5 | 2 | 11 | 20 | 35 | |||
| 9 | Queen's Park | 36 | 31 | 2 | 7 | 9 | 22 | 41 | 5 | 3 | 10 | 20 | 31 | |||
| 10 | Albion Rovers | 36 | 30 | 3 | 3 | 12 | 22 | 40 | 5 | 3 | 10 | 35 | 40 | |||