| Pos | Team | Pld | Pts | GD | W | D | L | F | A |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Queen of the South | 30 | 45 | +34 | 21 | 3 | 6 | 69 | 35 |
| 2 | Stirling Albion | 30 | 45 | +34 | 21 | 3 | 6 | 78 | 44 |
| 3 | Ayr United | 30 | 36 | +24 | 15 | 6 | 9 | 64 | 40 |
| 4 | Dundee United | 30 | 36 | +20 | 16 | 4 | 10 | 78 | 58 |
| 5 | St. Johnstone | 30 | 33 | +15 | 14 | 5 | 11 | 68 | 53 |
| 6 | Queen's Park | 30 | 33 | +3 | 13 | 7 | 10 | 56 | 53 |
| 7 | 30 | 32 | +16 | 12 | 8 | 10 | 65 | 49 | |
| 8 | Albion Rovers | 30 | 32 | +5 | 14 | 4 | 12 | 56 | 51 |
| 9 | Dumbarton | 30 | 29 | -1 | 12 | 5 | 13 | 52 | 53 |
| 10 | Dunfermline Athletic | 30 | 28 | -15 | 12 | 4 | 14 | 58 | 73 |
| 11 | Cowdenbeath | 30 | 27 | +4 | 12 | 3 | 15 | 61 | 57 |
| 12 | Kilmarnock | 30 | 24 | -5 | 8 | 8 | 14 | 44 | 49 |
| 13 | Arbroath | 30 | 21 | -32 | 8 | 5 | 17 | 46 | 78 |
| 14 | Forfar Athletic | 30 | 21 | -33 | 9 | 3 | 18 | 43 | 76 |
| 15 | Stenhousemuir | 30 | 20 | -29 | 9 | 2 | 19 | 51 | 80 |
| 16 | Alloa Athletic | 30 | 18 | -40 | 7 | 4 | 19 | 58 | 98 |