| # | Team | MP | W | D | L | G | GD | Pts | Form |
|---|---|---|---|---|---|---|---|---|---|
| 1. | Livingston | 36 | 25 | 7 | 4 | 79:33 | 46 | 82 | |
| 2. | Ayr | 36 | 18 | 5 | 13 | 62:55 | 7 | 59 | |
| 3. | Forfar Athletic | 36 | 17 | 8 | 11 | 50:48 | 2 | 59 | |
| 4. | Brechin | 36 | 15 | 12 | 9 | 63:45 | 18 | 57 | |
| 5. | East Fife | 36 | 14 | 10 | 12 | 77:60 | 17 | 52 | |
| 6. | Airdrieonians | 36 | 13 | 9 | 14 | 52:60 | -8 | 48 | |
| 7. | Dumbarton | 36 | 11 | 7 | 18 | 52:70 | -18 | 40 | |
| 8. | Stenhousemuir | 36 | 10 | 8 | 18 | 46:59 | -13 | 38 | |
| 9. | Alloa | 36 | 9 | 9 | 18 | 49:71 | -22 | 36 | |
| 10. | Peterhead | 36 | 5 | 11 | 20 | 47:76 | -29 | 26 |