| # | Team | MP | W | D | L | G | GD | Pts | Form |
|---|---|---|---|---|---|---|---|---|---|
| 1. | Rangers | 36 | 33 | 3 | 0 | 106:18 | 88 | 102 | |
| 2. | Dunfermline | 36 | 19 | 6 | 11 | 68:54 | 14 | 63 | |
| 3. | Stranraer | 36 | 14 | 9 | 13 | 57:57 | 0 | 51 | |
| 4. | Ayr | 36 | 14 | 7 | 15 | 65:66 | -1 | 49 | |
| 5. | Stenhousemuir | 36 | 12 | 12 | 12 | 57:66 | -9 | 48 | |
| 6. | Airdrieonians | 36 | 12 | 9 | 15 | 47:57 | -10 | 45 | |
| 7. | Forfar Athletic | 36 | 12 | 7 | 17 | 55:62 | -7 | 43 | |
| 8. | Brechin | 36 | 12 | 6 | 18 | 57:71 | -14 | 42 | |
| 9. | East Fife | 36 | 9 | 5 | 22 | 31:69 | -38 | 32 | |
| 10. | Arbroath | 36 | 9 | 4 | 23 | 52:75 | -23 | 31 |