| Pos | Team | Pld | Pts | GD | W | D | L | F | A |
|---|---|---|---|---|---|---|---|---|---|
| 1 | St. Johnstone | 36 | 55 | +46 | 25 | 5 | 6 | 83 | 37 |
| 2 | 36 | 49 | +30 | 20 | 9 | 7 | 80 | 50 | |
| 3 | Morton | 36 | 48 | +51 | 23 | 2 | 11 | 100 | 49 |
| 4 | Hamilton Academical | 36 | 44 | +13 | 18 | 8 | 10 | 69 | 56 |
| 5 | Stranraer | 36 | 42 | +11 | 16 | 10 | 10 | 81 | 70 |
| 6 | Arbroath | 36 | 40 | +23 | 18 | 4 | 14 | 74 | 51 |
| 7 | Albion Rovers | 36 | 38 | -7 | 18 | 2 | 16 | 72 | 79 |
| 8 | Cowdenbeath | 36 | 37 | +11 | 15 | 7 | 14 | 72 | 61 |
| 9 | Alloa Athletic | 36 | 36 | +1 | 15 | 6 | 15 | 57 | 56 |
| 10 | Stirling Albion | 36 | 36 | -1 | 16 | 4 | 16 | 74 | 75 |
| 11 | East Fife | 36 | 36 | -9 | 15 | 6 | 15 | 60 | 69 |
| 12 | Dumbarton | 36 | 34 | 0 | 15 | 4 | 17 | 64 | 64 |
| 13 | Ayr United | 36 | 34 | -9 | 13 | 8 | 15 | 68 | 77 |
| 14 | Queen's Park | 36 | 32 | -6 | 13 | 6 | 17 | 66 | 72 |
| 15 | Montrose | 36 | 31 | -13 | 13 | 5 | 18 | 57 | 70 |
| 16 | Stenhousemuir | 36 | 31 | -21 | 13 | 5 | 18 | 54 | 75 |
| 17 | 36 | 29 | -20 | 11 | 7 | 18 | 57 | 77 | |
| 18 | Forfar Athletic | 36 | 23 | -26 | 9 | 5 | 22 | 73 | 99 |
| 19 | Brechin City | 36 | 9 | -74 | 3 | 3 | 30 | 39 | 113 |