| # | Team | MP | W | D | L | G | GD | Pts | Form |
|---|---|---|---|---|---|---|---|---|---|
| 1. | Dunfermline | 18 | 12 | 3 | 3 | 38:15 | 23 | 39 | |
| 2. | Airdrieonians | 18 | 9 | 2 | 7 | 29:29 | 0 | 29 | |
| 3. | Peterhead | 18 | 7 | 5 | 6 | 33:27 | 6 | 26 | |
| 4. | Ayr | 18 | 8 | 2 | 8 | 27:25 | 2 | 26 | |
| 5. | Stranraer | 18 | 7 | 4 | 7 | 22:24 | -2 | 25 | |
| 6. | Albion Rovers | 18 | 6 | 5 | 7 | 15:23 | -8 | 23 | |
| 7. | Stenhousemuir | 18 | 5 | 4 | 9 | 21:38 | -17 | 19 | |
| 8. | Forfar Athletic | 18 | 3 | 7 | 8 | 24:32 | -8 | 16 | |
| 9. | Cowdenbeath | 18 | 4 | 3 | 11 | 19:44 | -25 | 15 | |
| 10. | Brechin | 18 | 4 | 2 | 12 | 18:35 | -17 | 14 |