| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Arbroath | 34 | 64 | 7 | 9 | 0 | 22 | 8 | 8 | 10 | 0 | 25 | 6 | |||
| 2 | Raith Rovers | 34 | 49 | 6 | 12 | 0 | 20 | 8 | 3 | 10 | 3 | 20 | 16 | |||
| 3 | East Fife | 34 | 42 | 4 | 8 | 4 | 12 | 15 | 4 | 10 | 4 | 14 | 12 | |||
| 4 | Forfar Athletic | 34 | 40 | 4 | 10 | 4 | 15 | 17 | 3 | 9 | 4 | 9 | 16 | |||
| 5 | Airdrie United | 34 | 39 | 2 | 10 | 6 | 11 | 14 | 5 | 8 | 3 | 16 | 12 | |||
| 6 | Stranraer | 33 | 37 | 4 | 10 | 3 | 12 | 10 | 1 | 12 | 3 | 9 | 12 | |||
| 7 | Dumbarton | 34 | 37 | 4 | 10 | 2 | 15 | 12 | 2 | 9 | 7 | 13 | 20 | |||
| 8 | Montrose | 34 | 37 | 3 | 9 | 4 | 9 | 19 | 3 | 10 | 5 | 11 | 13 | |||
| 9 | Stenhousemuir | 34 | 34 | 4 | 8 | 6 | 11 | 16 | 2 | 8 | 6 | 6 | 16 | |||
| 10 | Brechin City | 33 | 32 | 3 | 10 | 3 | 13 | 14 | 1 | 10 | 6 | 10 | 17 | |||