| Pos | Team | Pld | Pts | GD | W | D | L | F | A |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Partick Thistle | 36 | 56 | +52 | 23 | 10 | 3 | 78 | 26 |
| 2 | East Fife | 36 | 51 | +42 | 22 | 7 | 7 | 86 | 44 |
| 3 | Arbroath | 36 | 46 | +28 | 19 | 8 | 9 | 80 | 52 |
| 4 | Dumbarton | 36 | 44 | +41 | 19 | 6 | 11 | 87 | 46 |
| 5 | 36 | 42 | +14 | 17 | 8 | 11 | 57 | 43 | |
| 6 | Montrose | 36 | 41 | +14 | 17 | 7 | 12 | 78 | 64 |
| 7 | Albion Rovers | 36 | 39 | +1 | 15 | 9 | 12 | 53 | 52 |
| 8 | Raith Rovers | 36 | 39 | 0 | 15 | 9 | 12 | 62 | 62 |
| 9 | Stranraer | 36 | 36 | +2 | 14 | 8 | 14 | 54 | 52 |
| 10 | Stenhousemuir | 36 | 36 | -6 | 14 | 8 | 14 | 64 | 70 |
| 11 | Queen of the South | 36 | 35 | -6 | 13 | 9 | 14 | 50 | 56 |
| 12 | Stirling Albion | 36 | 32 | 0 | 12 | 8 | 16 | 61 | 61 |
| 13 | Queen's Park | 36 | 30 | -21 | 13 | 4 | 19 | 51 | 72 |
| 14 | Berwick Rangers | 36 | 30 | -18 | 10 | 10 | 16 | 42 | 60 |
| 15 | Forfar Athletic | 36 | 29 | -12 | 9 | 11 | 16 | 63 | 75 |
| 16 | Alloa Athletic | 36 | 29 | -30 | 9 | 11 | 16 | 56 | 86 |
| 17 | 36 | 27 | -29 | 9 | 9 | 18 | 57 | 86 | |
| 18 | Hamilton Academical | 36 | 23 | -29 | 8 | 7 | 21 | 50 | 79 |
| 19 | Brechin City | 36 | 19 | -43 | 6 | 7 | 23 | 30 | 73 |