| Pos | Team | Pld | Pts | GA | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1nonMover | Stirling Albion | 39 | 55 | 2.03 | 10 | 7 | 2 | 27 | 15 | 12 | 4 | 4 | 32 | 14 | ||
| 2nonMover | Alloa Athletic | 39 | 51 | 1.62 | 10 | 7 | 2 | 44 | 18 | 9 | 6 | 5 | 29 | 27 | ||
| 3nonMover | Dunfermline Athletic | 39 | 50 | 1.44 | 14 | 4 | 2 | 32 | 12 | 6 | 6 | 7 | 20 | 24 | ||
| 4nonMover | Stranraer | 39 | 46 | 1.40 | 15 | 3 | 2 | 49 | 15 | 5 | 3 | 11 | 25 | 38 | ||
| 5nonMover | Queen's Park | 39 | 45 | 1.27 | 11 | 4 | 4 | 35 | 21 | 6 | 7 | 7 | 30 | 30 | ||
| 6nonMover | Albion Rovers | 39 | 42 | 1.21 | 9 | 7 | 3 | 44 | 28 | 6 | 5 | 9 | 30 | 33 | ||
| 7nonMover | Clyde | 39 | 41 | 1.06 | 9 | 6 | 4 | 38 | 25 | 6 | 5 | 9 | 30 | 39 | ||
| 8nonMover | Berwick Rangers | 39 | 36 | 0.73 | 9 | 4 | 7 | 23 | 23 | 4 | 6 | 9 | 14 | 28 | ||
| 9nonMover | Stenhousemuir | 39 | 35 | 0.78 | 10 | 1 | 9 | 22 | 21 | 5 | 4 | 10 | 16 | 28 | ||
| 10nonMover | East Stirlingshire | 39 | 32 | 0.75 | 8 | 5 | 6 | 26 | 25 | 4 | 3 | 13 | 21 | 38 | ||
| 11nonMover | Meadowbank Thistle | 39 | 32 | 0.72 | 6 | 9 | 5 | 27 | 26 | 2 | 7 | 10 | 14 | 31 | ||
| 12nonMover | Cowdenbeath | 39 | 31 | 0.72 | 7 | 3 | 9 | 26 | 28 | 6 | 2 | 12 | 20 | 36 | ||
| 13nonMover | Brechin City | 39 | 26 | 0.66 | 4 | 7 | 9 | 27 | 33 | 3 | 5 | 11 | 24 | 44 | ||
| 14nonMover | Forfar Athletic | 39 | 24 | 0.63 | 4 | 3 | 13 | 23 | 35 | 3 | 7 | 9 | 20 | 33 | ||