| Pos | Team | Pld | Pts | GD | W | D | L | F | A |
|---|---|---|---|---|---|---|---|---|---|
| 1 | 38 | 55 | +56 | 26 | 3 | 9 | 111 | 55 | |
| 2 | St. Johnstone | 38 | 55 | +50 | 24 | 7 | 7 | 102 | 52 |
| 3 | Raith Rovers | 38 | 46 | +18 | 20 | 6 | 12 | 83 | 65 |
| 4 | Stenhousemuir | 38 | 46 | +12 | 19 | 8 | 11 | 88 | 76 |
| 5 | 38 | 45 | +19 | 19 | 7 | 12 | 81 | 62 | |
| 6 | Forfar Athletic | 38 | 45 | +11 | 19 | 7 | 12 | 90 | 79 |
| 7 | Hibernian | 38 | 44 | +21 | 18 | 8 | 12 | 73 | 52 |
| 8 | East Fife | 38 | 41 | +30 | 18 | 5 | 15 | 107 | 77 |
| 9 | Queen of the South | 38 | 41 | +8 | 18 | 5 | 15 | 99 | 91 |
| 10 | Dunfermline Athletic | 38 | 40 | +5 | 17 | 6 | 15 | 78 | 73 |
| 11 | Arbroath | 38 | 39 | +4 | 17 | 5 | 16 | 82 | 78 |
| 12 | Dumbarton | 38 | 38 | +2 | 14 | 10 | 14 | 70 | 68 |
| 13 | Alloa Athletic | 38 | 35 | -1 | 14 | 7 | 17 | 73 | 74 |
| 14 | 38 | 34 | -33 | 15 | 4 | 19 | 70 | 103 | |
| 15 | 38 | 33 | +4 | 14 | 5 | 19 | 97 | 93 | |
| 16 | Albion Rovers | 38 | 28 | -23 | 13 | 2 | 23 | 81 | 104 |
| 17 | Montrose | 38 | 28 | -36 | 11 | 6 | 21 | 60 | 96 |
| 18 | 38 | 25 | -34 | 10 | 5 | 23 | 68 | 102 | |
| 19 | Brechin City | 38 | 25 | -45 | 9 | 7 | 22 | 52 | 97 |
| 20 | Edinburgh City | 38 | 17 | -68 | 5 | 7 | 26 | 78 | 146 |