| # | Team | MP | W | D | L | G | GD | Pts | Form |
|---|---|---|---|---|---|---|---|---|---|
| 1. | Rangers | 36 | 25 | 8 | 3 | 87:29 | 58 | 83 | |
| 2. | Peterhead | 36 | 17 | 8 | 11 | 52:28 | 24 | 59 | |
| 3. | Queen's Park | 36 | 16 | 8 | 12 | 60:54 | 6 | 56 | |
| 4. | Elgin City | 36 | 14 | 9 | 13 | 67:68 | -1 | 51 | |
| 5. | Berwick | 36 | 14 | 7 | 15 | 59:55 | 4 | 49 | |
| 6. | Montrose | 36 | 12 | 10 | 14 | 59:68 | -9 | 46 | |
| 7. | Stirling | 36 | 12 | 9 | 15 | 59:58 | 1 | 45 | |
| 8. | Annan | 36 | 11 | 10 | 15 | 54:65 | -11 | 43 | |
| 9. | Clyde | 36 | 12 | 4 | 20 | 42:66 | -24 | 40 | |
| 10. | East Stirlingshire | 36 | 8 | 5 | 23 | 49:97 | -48 | 29 |