| # | Team | MP | W | D | L | G | GD | Pts | Form |
|---|---|---|---|---|---|---|---|---|---|
| 1. | Morton | 36 | 22 | 3 | 11 | 65:40 | 25 | 69 | |
| 2. | Stranraer | 36 | 20 | 7 | 9 | 59:38 | 21 | 67 | |
| 3. | Forfar Athletic | 36 | 20 | 6 | 10 | 59:41 | 18 | 66 | |
| 4. | Brechin | 36 | 15 | 14 | 7 | 58:46 | 12 | 59 | |
| 5. | Airdrieonians | 36 | 16 | 10 | 10 | 53:39 | 14 | 58 | |
| 6. | Peterhead | 36 | 14 | 9 | 13 | 51:54 | -3 | 51 | |
| 7. | Dunfermline | 36 | 13 | 9 | 14 | 46:48 | -2 | 48 | |
| 8. | Ayr | 36 | 9 | 7 | 20 | 45:60 | -15 | 34 | |
| 9. | Stenhousemuir | 36 | 8 | 5 | 23 | 42:63 | -21 | 29 | |
| 10. | Stirling | 36 | 4 | 8 | 24 | 35:84 | -49 | 20 |