| PLD | W | D | L | GF | GA | GD | PTS | ||
|---|---|---|---|---|---|---|---|---|---|
| 1 | Glasgow Rangers | 34 | 25 | 7 | 2 | 86 | 27 | 59 | 82 |
| 2 | Peterhead | 35 | 17 | 8 | 10 | 52 | 27 | 25 | 59 |
| 3 | Queens Park | 34 | 14 | 8 | 12 | 54 | 52 | 2 | 50 |
| 4 | Berwick Rangers | 35 | 13 | 7 | 15 | 56 | 55 | 1 | 46 |
| 5 | Elgin City | 35 | 12 | 10 | 13 | 66 | 70 | -4 | 46 |
| 6 | Montrose | 34 | 12 | 10 | 12 | 59 | 63 | -4 | 46 |
| 7 | Stirling Albion | 37 | 12 | 10 | 15 | 55 | 59 | -4 | 46 |
| 8 | Annan Athletic | 36 | 10 | 11 | 15 | 53 | 65 | -12 | 41 |
| 9 | Clyde | 34 | 12 | 4 | 18 | 40 | 60 | -20 | 40 |
| 10 | East Stirling | 36 | 8 | 5 | 23 | 48 | 91 | -43 | 29 |
