| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Raith Rovers | 19 | 45 | 10 | 0 | 0 | 22 | 4 | 4 | 3 | 2 | 20 | 12 | |||
| 2 | Ayr United | 21 | 44 | 6 | 2 | 3 | 26 | 16 | 8 | 0 | 2 | 32 | 12 | |||
| 3 | Alloa Athletic | 19 | 31 | 6 | 2 | 2 | 18 | 13 | 3 | 2 | 4 | 13 | 11 | |||
| 4 | Arbroath | 19 | 30 | 3 | 2 | 5 | 19 | 19 | 6 | 1 | 2 | 20 | 10 | |||
| 5 | Stranraer | 20 | 26 | 5 | 1 | 3 | 20 | 18 | 2 | 4 | 5 | 12 | 18 | |||
| 6 | Airdrie United | 20 | 25 | 5 | 4 | 1 | 17 | 9 | 1 | 3 | 6 | 11 | 27 | |||
| 7 | East Fife | 21 | 24 | 5 | 1 | 4 | 22 | 20 | 2 | 2 | 7 | 9 | 19 | |||
| 8 | Albion Rovers | 19 | 22 | 2 | 1 | 6 | 12 | 23 | 4 | 3 | 3 | 29 | 22 | |||
| 9 | Queen's Park | 21 | 18 | 1 | 5 | 5 | 12 | 27 | 3 | 1 | 6 | 11 | 17 | |||
| 10 | Forfar Athletic | 21 | 15 | 2 | 2 | 6 | 6 | 21 | 2 | 1 | 8 | 13 | 26 | |||