| P | W | D | L | CS | FtS | F | A | GD | Pt | PPG | ||
| 1 | Alloa Athletic | 38 | 26 | 8 | 4 | 15 | 3 | 81 | 32 | +49 | 60 | 1.58 |
| 2 | Cowdenbeath | 38 | 19 | 9 | 10 | 22 | 11 | 57 | 30 | +27 | 47 | 1.24 |
| 3 | Armadale | 38 | 20 | 5 | 13 | 11 | 9 | 64 | 48 | +16 | 45 | 1.18 |
| 4 | Vale of Leven | 38 | 17 | 10 | 11 | 13 | 9 | 54 | 43 | +11 | 44 | 1.16 |
| 5 | Bathgate | 38 | 16 | 11 | 11 | 14 | 10 | 56 | 41 | +15 | 43 | 1.13 |
| 6 | Bo'ness | 38 | 16 | 7 | 15 | 9 | 10 | 56 | 49 | +7 | 39 | 1.03 |
| 7 | Broxburn United | 38 | 14 | 11 | 13 | 13 | 14 | 43 | 43 | 0 | 39 | 1.03 |
| 8 | Dunfermline Athletic | 38 | 14 | 10 | 14 | 12 | 12 | 56 | 42 | +14 | 38 | 1.00 |
| 9 | St Bernard's | 38 | 15 | 8 | 15 | 14 | 11 | 50 | 49 | +1 | 38 | 1.00 |
| 10 | East Fife | 38 | 15 | 8 | 15 | 10 | 14 | 54 | 54 | 0 | 38 | 1.00 |
| 11 | Stenhousemuir | 38 | 14 | 10 | 14 | 11 | 10 | 50 | 51 | -1 | 38 | 1.00 |
| 12 | Johnstone | 38 | 14 | 10 | 14 | 11 | 10 | 46 | 59 | -13 | 38 | 1.00 |
| 13 | St Johnstone | 38 | 12 | 11 | 15 | 12 | 11 | 41 | 52 | -11 | 35 | 0.92 |
| 14 | Forfar Athletic | 38 | 11 | 12 | 15 | 9 | 12 | 43 | 51 | -8 | 34 | 0.89 |
| 15 | East Stirlingshire | 38 | 12 | 10 | 16 | 11 | 8 | 43 | 60 | -17 | 34 | 0.89 |
| 16 | Arbroath | 38 | 11 | 11 | 16 | 10 | 12 | 45 | 56 | -11 | 33 | 0.87 |
| 17 | King's Park | 38 | 10 | 12 | 16 | 8 | 13 | 47 | 65 | -18 | 32 | 0.84 |
| 18 | Lochgelly United | 38 | 11 | 9 | 18 | 6 | 17 | 46 | 54 | -8 | 31 | 0.82 |
| 19 | Dundee United | 38 | 10 | 8 | 20 | 9 | 14 | 47 | 65 | -18 | 28 | 0.74 |
| 20 | Clackmannan | 38 | 9 | 8 | 21 | 5 | 15 | 40 | 75 | -35 | 26 | 0.68 |
2 points for a win
Points per game, average goal difference then average goals scored applies
Points per game, average goal difference then average goals scored applies
