Football League Third Division 1967/68
| Pos | Club | Pld | W | D | L | F | A | GA | Pts | Notes |
| 1st | Oxford United | 46 | 22 | 13 | 11 | 69 | 47 | 1.468 | 57 | ▲Champions |
| 2nd | Bury | 46 | 24 | 8 | 14 | 91 | 66 | 1.379 | 56 | ▲Runners Up |
| 3rd | Shrewsbury Town | 46 | 20 | 10 | 11 | 61 | 49 | 1.245 | 55 | - |
| 4th | Torquay United | 46 | 21 | 11 | 14 | 60 | 56 | 1.588 | 53 | - |
| 5th | Reading | 46 | 21 | 9 | 16 | 70 | 60 | 1.167 | 51 | - |
| 6th | Watford | 46 | 21 | 8 | 17 | 74 | 50 | 1.480 | 50 | - |
| 7th | Walsall | 46 | 19 | 12 | 15 | 74 | 61 | 1.213 | 50 | - |
| 8th | Barrow | 46 | 21 | 8 | 17 | 65 | 54 | 1.204 | 50 | - |
| 9th | Swindon Town | 46 | 16 | 17 | 13 | 74 | 51 | 1.451 | 49 | - |
| 10th | Brighton & Hove Albion | 46 | 16 | 16 | 14 | 57 | 55 | 1.036 | 48 | - |
| 11th | Gillingham | 46 | 18 | 12 | 16 | 59 | 63 | 0.937 | 48 | - |
| 12th | Bournemouth & Boscambe Athletic | 46 | 16 | 15 | 15 | 56 | 51 | 1.098 | 47 | - |
| 13th | Stockport County | 46 | 19 | 9 | 18 | 70 | 75 | 0.933 | 47 | - |
| 14th | Southport | 46 | 17 | 12 | 17 | 65 | 65 | 1.000 | 46 | - |
| 15th | Bristol Rovers | 46 | 17 | 9 | 20 | 72 | 78 | 0.923 | 43 | - |
| 16th | Oldham Athletic | 46 | 18 | 7 | 21 | 60 | 65 | 0.923 | 43 | - |
| 17th | Northampton Town | 46 | 14 | 13 | 19 | 58 | 72 | 0.806 | 41 | - |
| 18th | Orient | 46 | 12 | 17 | 17 | 46 | 62 | 0.742 | 41 | - |
| 19th | Tranmere Rovers | 46 | 14 | 12 | 20 | 62 | 74 | 0.838 | 40 | - |
| 20th | Mansfield Town | 46 | 12 | 13 | 21 | 51 | 67 | 0.761 | 37 | - |
| 21st | Grimsby Town | 46 | 14 | 9 | 23 | 52 | 69 | 0.754 | 37 | ▼Relegated |
| 22nd | Colchester United | 46 | 9 | 15 | 22 | 50 | 87 | 0.575 | 33 | ▼Relegated |
| 23rd | Scunthorpe United | 46 | 10 | 12 | 24 | 56 | 87 | 0.644 | 32 | ▼Relegated |
| 24th | Peterborough United | 46 | 20 | 10 | 16 | 79 | 67 | 1.179 | 31* | ▼Relegated |
* Peterborough United were found guilty of financial irregularities and were Deducted 19 Points as punishment
|
End of Season Notes |
| ▼Rotherham United were Relegated from the Football League Second Division |
| ▼Plymouth Argyle were Relegated from the Football League Second Division |
| ▲Oxford United were Promoted to the Football League Second Division |
| ▲Bury were Promoted to the Football League Second Division |
| ▼Grimsby Town were Relegated to the Football League Fourth Division |
| ▼Colchester United were Relegated to the Football League Fourth Division |
| ▼Scunthorpe United were Relegated to the Football League Fourth Division |
| ▼Peterborough United Relegated to the Football League Fourth Division |
| ▲Luton Town were Promoted from the Football League Fourth Division |
| ▲Barnsley were Promoted from the Football League Fourth Division |
| ▲Hartlepools United were Promoted from the Football League Fourth Division |
| ▲Crewe Alexandra were Promoted from the Football League Fourth Division |