| # | Team | MP | W | D | L | G | GD | Pts | Form |
|---|---|---|---|---|---|---|---|---|---|
| 1. | Dunfermline | 36 | 24 | 7 | 5 | 83:30 | 53 | 79 | |
| 2. | Ayr | 36 | 19 | 4 | 13 | 65:47 | 18 | 61 | |
| 3. | Peterhead | 36 | 16 | 11 | 9 | 72:47 | 25 | 59 | |
| 4. | Stranraer | 36 | 15 | 6 | 15 | 43:49 | -6 | 51 | |
| 5. | Airdrieonians | 36 | 14 | 7 | 15 | 48:50 | -2 | 49 | |
| 6. | Albion Rovers | 36 | 13 | 10 | 13 | 40:44 | -4 | 49 | |
| 7. | Brechin | 36 | 12 | 6 | 18 | 47:59 | -12 | 42 | |
| 8. | Stenhousemuir | 36 | 11 | 7 | 18 | 46:80 | -34 | 40 | |
| 9. | Cowdenbeath | 36 | 11 | 6 | 19 | 46:72 | -26 | 39 | |
| 10. | Forfar Athletic | 36 | 8 | 10 | 18 | 48:60 | -12 | 34 |