| # | Scottish League One | G | W | D | L | GF | GA | Pts | +- | ||
| ^ | Ayr United | 36 | 24 | 4 | 8 | 92 | 42 | 76 | 50 | Promoted | |
| - | Raith Rovers | 36 | 22 | 9 | 5 | 68 | 32 | 75 | 36 | ||
| Alloa Athletic | 36 | 17 | 9 | 10 | 56 | 43 | 60 | 13 | Promoted | ||
| - | Arbroath | 36 | 17 | 8 | 11 | 70 | 51 | 59 | 19 | ||
| - | Stranraer | 36 | 16 | 5 | 15 | 58 | 66 | 53 | -8 | ||
| - | East Fife | 36 | 13 | 3 | 20 | 49 | 67 | 42 | -18 | ||
| - | Airdrieonians | 36 | 10 | 11 | 15 | 46 | 60 | 41 | -14 | ||
| - | Forfar Athletic | 36 | 11 | 5 | 20 | 40 | 65 | 38 | -25 | ||
| * | Queens Park | 36 | 7 | 10 | 19 | 42 | 72 | 31 | -30 | Relegated | |
| * | Albion Rovers | 36 | 8 | 6 | 22 | 57 | 80 | 30 | -23 | Relegated |