| # | Team | MP | W/W | W/D | W/L | D/W | D/D | D/L | L/W | L/D | L/L | Pts |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | Morton | 36 | 12 | 0 | 0 | 7 | 1 | 7 | 3 | 2 | 4 | 69 |
| 2. | Stranraer | 36 | 9 | 2 | 0 | 10 | 3 | 2 | 1 | 2 | 7 | 67 |
| 3. | Forfar Athletic | 36 | 13 | 1 | 0 | 6 | 3 | 1 | 1 | 2 | 9 | 66 |
| 4. | Brechin | 36 | 11 | 4 | 0 | 4 | 8 | 2 | 0 | 2 | 5 | 59 |
| 5. | Airdrieonians | 36 | 8 | 1 | 2 | 7 | 8 | 4 | 1 | 1 | 4 | 58 |
| 6. | Peterhead | 36 | 7 | 1 | 1 | 5 | 4 | 7 | 2 | 4 | 5 | 51 |
| 7. | Dunfermline | 36 | 4 | 5 | 0 | 8 | 4 | 8 | 1 | 0 | 6 | 48 |
| 8. | Ayr | 36 | 6 | 2 | 1 | 3 | 4 | 10 | 0 | 1 | 9 | 34 |
| 9. | Stenhousemuir | 36 | 4 | 0 | 3 | 4 | 4 | 8 | 0 | 1 | 12 | 29 |
| 10. | Stirling | 36 | 1 | 1 | 3 | 2 | 5 | 7 | 1 | 2 | 14 | 20 |