| # | Team | MP | W | D | L | G | GD | Pts | Form |
|---|---|---|---|---|---|---|---|---|---|
| 1. | Gretna | 18 | 14 | 2 | 2 | 53:15 | 38 | 44 | |
| 2. | Morton | 18 | 13 | 2 | 3 | 36:16 | 20 | 41 | |
| 3. | Peterhead | 18 | 9 | 4 | 5 | 29:22 | 7 | 31 | |
| 4. | Stirling | 18 | 8 | 4 | 6 | 28:28 | 0 | 28 | |
| 5. | Partick Thistle | 18 | 8 | 4 | 6 | 25:27 | -2 | 28 | |
| 6. | Forfar Athletic | 18 | 8 | 1 | 9 | 29:25 | 4 | 25 | |
| 7. | Raith | 18 | 5 | 5 | 8 | 25:28 | -3 | 20 | |
| 8. | Ayr | 18 | 5 | 5 | 8 | 23:26 | -3 | 20 | |
| 9. | Dumbarton | 18 | 5 | 3 | 10 | 26:26 | 0 | 18 | |
| 10. | Alloa | 18 | 3 | 5 | 10 | 15:37 | -22 | 14 |