| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Rangers | 33 | 77 | 12 | 3 | 1 | 42 | 10 | 11 | 5 | 1 | 39 | 15 | |||
| 2 | Queen's Park | 33 | 51 | 4 | 7 | 5 | 22 | 23 | 10 | 2 | 5 | 31 | 24 | |||
| 3 | Peterhead | 33 | 48 | 8 | 5 | 4 | 23 | 11 | 5 | 4 | 7 | 20 | 16 | |||
| 4 | Montrose | 33 | 47 | 6 | 7 | 4 | 33 | 30 | 6 | 4 | 6 | 23 | 31 | |||
| 5 | 33 | 44 | 9 | 5 | 3 | 32 | 18 | 3 | 3 | 10 | 23 | 32 | ||||
| 6 | Elgin City | 33 | 42 | 6 | 3 | 7 | 30 | 32 | 4 | 9 | 4 | 24 | 26 | |||
| 7 | Stirling Albion | 33 | 39 | 9 | 3 | 5 | 37 | 22 | 1 | 6 | 9 | 18 | 33 | |||
| 8 | Clyde | 33 | 38 | 7 | 2 | 7 | 23 | 27 | 4 | 3 | 10 | 15 | 30 | |||
| 9 | Annan Athletic | 33 | 37 | 6 | 5 | 5 | 28 | 24 | 3 | 5 | 9 | 21 | 39 | |||
| 10 | 33 | 29 | 5 | 3 | 9 | 26 | 35 | 3 | 2 | 11 | 18 | 50 | ||||