| # | Team | MP | W | D | L | G | GD | Pts | Form |
|---|---|---|---|---|---|---|---|---|---|
| 1. | Airdrieonians | 36 | 20 | 10 | 6 | 64:36 | 28 | 70 | |
| 2. | Hamilton | 36 | 18 | 8 | 10 | 70:47 | 23 | 62 | |
| 3. | Dumbarton | 36 | 18 | 6 | 12 | 56:41 | 15 | 60 | |
| 4. | Morton | 36 | 16 | 11 | 9 | 66:58 | 8 | 59 | |
| 5. | Berwick | 36 | 14 | 6 | 16 | 61:67 | -6 | 48 | |
| 6. | Forfar Athletic | 36 | 12 | 11 | 13 | 49:57 | -8 | 47 | |
| 7. | Alloa | 36 | 12 | 8 | 16 | 55:55 | 0 | 44 | |
| 8. | Arbroath | 36 | 11 | 10 | 15 | 41:57 | -16 | 43 | |
| 9. | East Fife | 36 | 11 | 8 | 17 | 38:45 | -7 | 41 | |
| 10. | Stenhousemuir | 36 | 7 | 4 | 25 | 28:65 | -37 | 25 |