| P | W | D | L | CS | FtS | F | A | GD | Pt | PPG | ||
| 1 | Cowdenbeath | 36 | 20 | 11 | 5 | 16 | 7 | 68 | 29 | +39 | 71 | 1.97 |
| 2 | Arbroath | 36 | 17 | 12 | 7 | 6 | 6 | 76 | 51 | +25 | 63 | 1.75 |
| 3 | Dumbarton | 36 | 17 | 7 | 12 | 9 | 7 | 61 | 61 | 0 | 58 | 1.61 |
| 4 | Airdrie United | 36 | 14 | 10 | 12 | 10 | 5 | 68 | 60 | +8 | 52 | 1.44 |
| 5 | Stenhousemuir | 36 | 15 | 6 | 15 | 9 | 9 | 54 | 49 | +5 | 51 | 1.42 |
| 6 | East Fife | 36 | 14 | 6 | 16 | 10 | 8 | 55 | 57 | -2 | 48 | 1.33 |
| 7 | Forfar Athletic | 36 | 11 | 9 | 16 | 5 | 8 | 59 | 72 | -13 | 42 | 1.17 |
| 8 | Brechin City | 36 | 10 | 11 | 15 | 5 | 6 | 47 | 62 | -15 | 41 | 1.14 |
| 9 | Albion Rovers | 36 | 10 | 7 | 19 | 5 | 12 | 43 | 66 | -23 | 37 | 1.03 |
| 10 | Stirling Albion | 36 | 9 | 7 | 20 | 4 | 11 | 46 | 70 | -24 | 34 | 0.94 |
Points per game, average goal difference then average goals scored applies










