| # | Scottish League One | G | W | D | L | GF | GA | Pts | +- | ||
| - | Raith Rovers | 28 | 15 | 8 | 5 | 49 | 33 | 53 | 16 | Champions | |
| - | Falkirk | 28 | 14 | 10 | 4 | 54 | 18 | 52 | 36 | ||
| - | Airdrieonians | 28 | 14 | 6 | 8 | 38 | 27 | 48 | 11 | ||
| - | Montrose | 28 | 15 | 2 | 11 | 48 | 38 | 47 | 10 | ||
| - | East Fife | 28 | 12 | 9 | 7 | 44 | 36 | 45 | 8 | ||
| - | Dumbarton | 28 | 11 | 5 | 12 | 35 | 44 | 38 | -9 | ||
| - | Clyde | 28 | 9 | 7 | 12 | 35 | 43 | 34 | -8 | ||
| - | Peterhead | 27 | 7 | 5 | 15 | 30 | 44 | 26 | -14 | ||
| - | Forfar Athletic | 28 | 6 | 6 | 16 | 26 | 47 | 24 | -21 | ||
| * | Stranraer | 27 | 2 | 10 | 15 | 28 | 57 | 16 | -29 | Relegated |