| # | Scottish League One | G | W | D | L | GF | GA | Pts | +- | ||
| ^ | Clydebank* | 26 | 17 | 6 | 3 | 46 | 15 | 40 | 31 | Promoted | |
| ^ | Raith Rovers* | 26 | 15 | 10 | 1 | 45 | 22 | 40 | 23 | Promoted | |
| - | Alloa Athletic* | 26 | 14 | 7 | 5 | 48 | 32 | 35 | 16 | ||
| - | Queens Park* | 26 | 10 | 9 | 7 | 41 | 33 | 29 | 8 | ||
| - | Cowdenbeath* | 26 | 11 | 7 | 8 | 44 | 43 | 29 | 1 | ||
| - | Stirling Albion* | 26 | 9 | 7 | 10 | 39 | 32 | 25 | 7 | ||
| - | Stranraer* | 26 | 11 | 3 | 12 | 49 | 43 | 25 | 6 | ||
| - | East Stirlingshire* | 26 | 8 | 8 | 10 | 33 | 33 | 24 | 0 | ||
| - | Albion Rovers* | 26 | 7 | 10 | 9 | 35 | 38 | 24 | -3 | ||
| - | Stenhousemuir* | 26 | 9 | 5 | 12 | 39 | 44 | 23 | -5 | ||
| - | Berwick Rangers* | 26 | 7 | 5 | 14 | 32 | 44 | 19 | -12 | ||
| - | Forfar Athletic* | 26 | 4 | 10 | 12 | 28 | 48 | 18 | -20 | ||
| - | Brechin City* | 26 | 6 | 5 | 15 | 30 | 53 | 17 | -23 | ||
| - | Meadowbank Thistle* | 26 | 5 | 6 | 15 | 24 | 53 | 16 | -29 |