| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Arbroath | 46 | 78 | 8 | 13 | 2 | 23 | 12 | 9 | 14 | 0 | 30 | 8 | |||
| 2 | Raith Rovers | 47 | 64 | 7 | 16 | 1 | 27 | 12 | 4 | 15 | 4 | 24 | 19 | |||
| 3 | Forfar Athletic | 48 | 63 | 7 | 13 | 4 | 21 | 18 | 5 | 14 | 5 | 15 | 20 | |||
| 4 | East Fife | 46 | 61 | 5 | 11 | 5 | 14 | 17 | 7 | 14 | 4 | 22 | 16 | |||
| 5 | Airdrie United | 48 | 57 | 3 | 15 | 6 | 17 | 17 | 7 | 12 | 5 | 19 | 16 | |||
| 6 | Montrose | 48 | 55 | 5 | 14 | 5 | 18 | 25 | 4 | 14 | 6 | 14 | 16 | |||
| 7 | Stenhousemuir | 47 | 48 | 6 | 13 | 7 | 16 | 22 | 2 | 11 | 8 | 8 | 24 | |||
| 8 | Stranraer | 45 | 47 | 4 | 13 | 5 | 16 | 16 | 2 | 16 | 5 | 11 | 17 | |||
| 9 | Dumbarton | 47 | 47 | 4 | 15 | 4 | 18 | 17 | 2 | 14 | 8 | 17 | 25 | |||
| 10 | Brechin City | 46 | 45 | 5 | 14 | 4 | 16 | 16 | 1 | 13 | 9 | 12 | 25 | |||