| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Rangers | 28 | 66 | 11 | 2 | 1 | 40 | 10 | 9 | 4 | 1 | 34 | 14 | |||
| 2 | Queen's Park | 28 | 49 | 4 | 6 | 3 | 19 | 16 | 10 | 1 | 4 | 30 | 20 | |||
| 3 | Montrose | 28 | 41 | 6 | 5 | 3 | 31 | 22 | 5 | 3 | 6 | 21 | 30 | |||
| 4 | 28 | 38 | 8 | 5 | 2 | 28 | 15 | 2 | 3 | 8 | 19 | 29 | ||||
| 5 | Elgin City | 28 | 36 | 6 | 1 | 6 | 30 | 31 | 3 | 8 | 4 | 21 | 24 | |||
| 6 | Peterhead | 28 | 35 | 6 | 5 | 4 | 15 | 11 | 3 | 3 | 7 | 12 | 16 | |||
| 7 | Stirling Albion | 28 | 32 | 8 | 2 | 5 | 36 | 22 | 1 | 3 | 9 | 14 | 29 | |||
| 8 | Annan Athletic | 28 | 32 | 6 | 3 | 4 | 26 | 21 | 2 | 5 | 8 | 19 | 36 | |||
| 9 | 28 | 29 | 5 | 3 | 6 | 24 | 28 | 3 | 2 | 9 | 18 | 42 | ||||
| 10 | Clyde | 28 | 28 | 5 | 2 | 7 | 19 | 26 | 3 | 2 | 9 | 14 | 28 | |||