| Pos | Team | Pld | Pts | GD | W | D | L | F | A |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Dundee | 26 | 45 | +83 | 21 | 3 | 2 | 113 | 30 |
| 2 | Airdrieonians | 26 | 42 | +40 | 19 | 4 | 3 | 78 | 38 |
| 3 | East Fife | 26 | 31 | +19 | 12 | 7 | 7 | 58 | 39 |
| 4 | Albion Rovers | 26 | 27 | -4 | 10 | 7 | 9 | 50 | 54 |
| 5 | Alloa Athletic | 26 | 27 | -6 | 11 | 5 | 10 | 51 | 57 |
| 6 | Raith Rovers | 26 | 26 | -7 | 10 | 6 | 10 | 45 | 52 |
| 7 | Stenhousemuir | 26 | 23 | -10 | 8 | 7 | 11 | 43 | 53 |
| 8 | Dunfermline Athletic | 26 | 23 | -22 | 10 | 3 | 13 | 50 | 72 |
| 9 | St. Johnstone | 26 | 22 | -2 | 9 | 4 | 13 | 45 | 47 |
| 10 | Dundee United | 26 | 22 | -7 | 9 | 4 | 13 | 53 | 60 |
| 11 | Ayr United | 26 | 20 | -17 | 9 | 2 | 15 | 56 | 73 |
| 12 | Arbroath | 26 | 20 | -21 | 7 | 6 | 13 | 42 | 63 |
| 13 | Dumbarton | 26 | 18 | -13 | 7 | 4 | 15 | 41 | 54 |
| 14 | Cowdenbeath | 26 | 18 | -33 | 6 | 6 | 14 | 44 | 77 |