| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Rangers | 29 | 69 | 11 | 2 | 1 | 40 | 10 | 10 | 4 | 1 | 35 | 14 | |||
| 2 | Queen's Park | 28 | 49 | 4 | 6 | 3 | 19 | 16 | 10 | 1 | 4 | 30 | 20 | |||
| 3 | 29 | 41 | 8 | 5 | 2 | 28 | 15 | 3 | 3 | 8 | 22 | 29 | ||||
| 4 | Montrose | 29 | 41 | 6 | 5 | 4 | 31 | 28 | 5 | 3 | 6 | 21 | 30 | |||
| 5 | Peterhead | 29 | 38 | 6 | 5 | 4 | 15 | 11 | 4 | 3 | 7 | 18 | 16 | |||
| 6 | Elgin City | 29 | 36 | 6 | 1 | 7 | 30 | 32 | 3 | 8 | 4 | 21 | 24 | |||
| 7 | Stirling Albion | 28 | 32 | 8 | 2 | 5 | 36 | 22 | 1 | 3 | 9 | 14 | 29 | |||
| 8 | Annan Athletic | 29 | 32 | 6 | 3 | 5 | 26 | 22 | 2 | 5 | 8 | 19 | 36 | |||
| 9 | Clyde | 29 | 31 | 5 | 2 | 7 | 19 | 26 | 4 | 2 | 9 | 15 | 28 | |||
| 10 | 29 | 29 | 5 | 3 | 7 | 24 | 31 | 3 | 2 | 9 | 18 | 42 | ||||