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| # | Team | P | W | D | L | Goals | Pts |
|---|---|---|---|---|---|---|---|
| 1 | Livingston | 36 | 26 | 3 | 7 | 80:32 | 81 |
| 2 | Alloa Athletic | 36 | 17 | 11 | 8 | 69:44 | 62 |
| 3 | Airdrie United | 36 | 16 | 4 | 16 | 61:66 | 52 |
| 4 | Brechin | 36 | 15 | 5 | 16 | 43:49 | 50 |
| 5 | East Fife | 36 | 12 | 10 | 14 | 41:44 | 46 |
| 6 | Queen's Park | 36 | 12 | 10 | 14 | 37:51 | 46 |
| 7 | Stranraer | 36 | 12 | 8 | 16 | 46:50 | 44 |
| 8 | Albion Rovers | 36 | 11 | 9 | 16 | 41:48 | 42 |
| 9 | Peterhead | 36 | 10 | 10 | 16 | 44:59 | 40 |
| 10 | Stenhousemuir | 36 | 11 | 6 | 19 | 45:64 | 39 |