| Pos | Team | Pld | Pts | GD | W | D | L | F | A |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Airdrieonians | 30 | 46 | +42 | 18 | 10 | 2 | 103 | 61 |
| 2 | Dunfermline Athletic | 30 | 42 | +32 | 19 | 4 | 7 | 72 | 40 |
| 3 | 30 | 39 | +23 | 17 | 5 | 8 | 74 | 51 | |
| 4 | Queen's Park | 30 | 35 | +29 | 15 | 5 | 10 | 65 | 36 |
| 5 | 30 | 33 | +14 | 13 | 7 | 10 | 63 | 49 | |
| 6 | Stenhousemuir | 30 | 32 | +19 | 12 | 8 | 10 | 70 | 51 |
| 7 | St. Johnstone | 30 | 32 | +9 | 15 | 2 | 13 | 60 | 51 |
| 8 | Ayr United | 30 | 32 | -12 | 14 | 4 | 12 | 61 | 73 |
| 9 | Morton | 30 | 29 | -11 | 12 | 5 | 13 | 58 | 69 |
| 10 | Forfar Athletic | 30 | 28 | -17 | 11 | 6 | 13 | 63 | 80 |
| 11 | Albion Rovers | 30 | 26 | -19 | 8 | 10 | 12 | 50 | 69 |
| 12 | Arbroath | 30 | 24 | -17 | 8 | 8 | 14 | 55 | 72 |
| 13 | Dundee United | 30 | 22 | -15 | 8 | 6 | 16 | 55 | 70 |
| 14 | Cowdenbeath | 30 | 21 | -17 | 8 | 5 | 17 | 55 | 72 |
| 15 | Alloa Athletic | 30 | 20 | -24 | 7 | 6 | 17 | 51 | 75 |
| 16 | Brechin City | 30 | 19 | -36 | 8 | 3 | 19 | 53 | 89 |