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| # | Team | P | W | D | L | Goals | Pts |
|---|---|---|---|---|---|---|---|
| 1 | Arbroath | 36 | 20 | 10 | 6 | 63:38 | 70 |
| 2 | Forfar Athletic | 36 | 19 | 6 | 11 | 54:47 | 63 |
| 3 | Raith Rovers | 36 | 16 | 12 | 8 | 75:49 | 60 |
| 4 | Montrose | 36 | 15 | 6 | 15 | 49:50 | 51 |
| 5 | Airdrie United | 36 | 14 | 6 | 16 | 51:44 | 48 |
| 6 | Dumbarton | 36 | 12 | 10 | 14 | 60:60 | 46 |
| 7 | East Fife | 36 | 13 | 7 | 16 | 49:56 | 46 |
| 8 | Stranraer | 36 | 11 | 9 | 16 | 45:57 | 42 |
| 9 | Stenhousemuir | 36 | 10 | 7 | 19 | 35:61 | 37 |
| 10 | Brechin | 36 | 9 | 9 | 18 | 42:61 | 36 |