| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Ayr United | 32 | 70 | 10 | 2 | 4 | 40 | 18 | 12 | 2 | 2 | 46 | 19 | |||
| 2 | Raith Rovers | 32 | 67 | 14 | 2 | 0 | 34 | 9 | 6 | 5 | 5 | 28 | 22 | |||
| 3 | Alloa Athletic | 32 | 53 | 9 | 4 | 3 | 30 | 22 | 6 | 4 | 6 | 23 | 19 | |||
| 4 | Arbroath | 32 | 52 | 6 | 4 | 6 | 27 | 24 | 9 | 3 | 4 | 35 | 23 | |||
| 5 | Stranraer | 32 | 44 | 9 | 1 | 7 | 32 | 32 | 4 | 4 | 7 | 20 | 28 | |||
| 6 | East Fife | 32 | 39 | 8 | 1 | 7 | 31 | 29 | 4 | 2 | 10 | 13 | 27 | |||
| 7 | Airdrie United | 32 | 38 | 7 | 6 | 2 | 24 | 15 | 2 | 5 | 10 | 18 | 39 | |||
| 8 | Forfar Athletic | 32 | 31 | 6 | 2 | 8 | 19 | 28 | 3 | 2 | 11 | 17 | 34 | |||
| 9 | Albion Rovers | 32 | 27 | 2 | 3 | 11 | 21 | 39 | 5 | 3 | 8 | 35 | 36 | |||
| 10 | Queen's Park | 32 | 27 | 1 | 7 | 8 | 17 | 38 | 5 | 2 | 9 | 19 | 28 | |||