| # | Team | MP | W/W | W/D | W/L | D/W | D/D | D/L | L/W | L/D | L/L | Pts |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | Dunfermline | 36 | 16 | 0 | 1 | 7 | 6 | 1 | 1 | 1 | 3 | 79 |
| 2. | Ayr | 36 | 17 | 1 | 1 | 2 | 2 | 8 | 0 | 1 | 4 | 61 |
| 3. | Peterhead | 36 | 9 | 2 | 1 | 6 | 7 | 4 | 1 | 2 | 4 | 59 |
| 4. | Stranraer | 36 | 7 | 1 | 0 | 7 | 5 | 3 | 1 | 0 | 12 | 51 |
| 5. | Airdrieonians | 36 | 10 | 2 | 1 | 3 | 4 | 5 | 1 | 1 | 9 | 49 |
| 6. | Albion Rovers | 36 | 6 | 2 | 2 | 7 | 8 | 5 | 0 | 0 | 6 | 49 |
| 7. | Brechin | 36 | 5 | 0 | 0 | 6 | 2 | 2 | 1 | 4 | 16 | 42 |
| 8. | Stenhousemuir | 36 | 6 | 2 | 0 | 3 | 3 | 7 | 2 | 2 | 11 | 40 |
| 9. | Cowdenbeath | 36 | 9 | 1 | 1 | 2 | 5 | 8 | 0 | 0 | 10 | 39 |
| 10. | Forfar Athletic | 36 | 4 | 3 | 0 | 4 | 4 | 4 | 0 | 3 | 14 | 34 |