| # | Team | MP | W | D | L | G | GD | Pts | Form |
|---|---|---|---|---|---|---|---|---|---|
| 1. | Morton | 18 | 10 | 2 | 6 | 32:24 | 8 | 32 | |
| 2. | Brechin | 18 | 8 | 7 | 3 | 28:20 | 8 | 31 | |
| 3. | Stranraer | 18 | 8 | 5 | 5 | 25:21 | 4 | 29 | |
| 4. | Forfar Athletic | 18 | 7 | 4 | 7 | 27:27 | 0 | 25 | |
| 5. | Airdrieonians | 18 | 6 | 6 | 6 | 18:19 | -1 | 24 | |
| 6. | Peterhead | 18 | 6 | 4 | 8 | 26:34 | -8 | 22 | |
| 7. | Dunfermline | 18 | 5 | 4 | 9 | 18:28 | -10 | 19 | |
| 8. | Ayr | 18 | 5 | 2 | 11 | 23:32 | -9 | 17 | |
| 9. | Stenhousemuir | 18 | 3 | 1 | 14 | 20:33 | -13 | 10 | |
| 10. | Stirling | 18 | 2 | 4 | 12 | 16:42 | -26 | 10 |