| # | Scottish League One | G | W | D | L | GF | GA | Pts | +- | ||
| ^ | Arbroath | 36 | 20 | 10 | 6 | 63 | 38 | 70 | 25 | Promoted | |
| - | Forfar Athletic | 36 | 19 | 6 | 11 | 54 | 47 | 63 | 7 | ||
| - | Raith Rovers | 36 | 16 | 12 | 8 | 74 | 48 | 60 | 26 | ||
| - | Montrose | 36 | 15 | 6 | 15 | 49 | 50 | 51 | -1 | ||
| - | Airdrieonians | 36 | 14 | 6 | 16 | 51 | 44 | 48 | 7 | ||
| - | Dumbarton | 36 | 12 | 10 | 14 | 60 | 60 | 46 | 0 | ||
| - | East Fife | 36 | 13 | 7 | 16 | 49 | 56 | 46 | -7 | ||
| - | Stranraer | 36 | 11 | 9 | 16 | 45 | 57 | 42 | -12 | ||
| * | Stenhousemuir | 36 | 10 | 7 | 19 | 35 | 61 | 37 | -26 | Relegated | |
| * | Brechin City | 36 | 9 | 9 | 18 | 42 | 61 | 36 | -19 | Relegated |