| # | Scottish League One | G | W | D | L | GF | GA | Pts | +- | ||
| ^ | Clyde* | 39 | 24 | 11 | 4 | 79 | 38 | 59 | 41 | Promoted | |
| ^ | Alloa Athletic* | 39 | 19 | 12 | 8 | 66 | 42 | 50 | 24 | Promoted | |
| - | Arbroath* | 39 | 20 | 10 | 9 | 62 | 50 | 50 | 12 | ||
| - | Berwick Rangers* | 39 | 20 | 8 | 11 | 66 | 38 | 48 | 28 | ||
| - | Brechin City* | 39 | 18 | 10 | 11 | 61 | 43 | 46 | 18 | ||
| - | Forfar Athletic* | 39 | 15 | 15 | 9 | 59 | 35 | 45 | 24 | ||
| - | East Fife* | 39 | 14 | 9 | 16 | 48 | 51 | 37 | -3 | ||
| - | Stirling Albion* | 39 | 12 | 11 | 16 | 39 | 44 | 35 | -5 | ||
| - | Cowdenbeath* | 39 | 11 | 13 | 15 | 51 | 57 | 35 | -6 | ||
| - | Montrose* | 39 | 12 | 8 | 19 | 49 | 74 | 32 | -25 | ||
| - | Albion Rovers* | 39 | 13 | 5 | 21 | 52 | 74 | 31 | -22 | ||
| - | Meadowbank Thistle* | 39 | 10 | 10 | 19 | 49 | 62 | 30 | -13 | ||
| - | Stenhousemuir* | 39 | 11 | 6 | 22 | 41 | 65 | 28 | -24 | ||
| - | Stranraer* | 39 | 7 | 6 | 26 | 36 | 85 | 20 | -49 |