| # | Team | MP | W | D | L | G | GD | Pts | Form |
|---|---|---|---|---|---|---|---|---|---|
| 1. | Rangers | 18 | 16 | 2 | 0 | 60:12 | 48 | 50 | |
| 2. | Dunfermline | 18 | 9 | 4 | 5 | 33:23 | 10 | 31 | |
| 3. | Stranraer | 18 | 9 | 4 | 5 | 30:22 | 8 | 31 | |
| 4. | Airdrieonians | 18 | 9 | 2 | 7 | 27:26 | 1 | 29 | |
| 5. | Ayr | 18 | 8 | 3 | 7 | 39:33 | 6 | 27 | |
| 6. | Brechin | 18 | 7 | 4 | 7 | 32:34 | -2 | 25 | |
| 7. | Stenhousemuir | 18 | 5 | 8 | 5 | 30:31 | -1 | 23 | |
| 8. | Forfar Athletic | 18 | 6 | 4 | 8 | 27:24 | 3 | 22 | |
| 9. | Arbroath | 18 | 6 | 1 | 11 | 28:36 | -8 | 19 | |
| 10. | East Fife | 18 | 5 | 2 | 11 | 15:33 | -18 | 17 |