| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Rangers | 34 | 77 | 12 | 3 | 2 | 43 | 12 | 11 | 5 | 1 | 39 | 15 | |||
| 2 | Queen's Park | 34 | 54 | 5 | 7 | 5 | 27 | 24 | 10 | 2 | 5 | 31 | 24 | |||
| 3 | Peterhead | 34 | 51 | 8 | 5 | 4 | 23 | 11 | 6 | 4 | 7 | 22 | 17 | |||
| 4 | 34 | 47 | 9 | 5 | 3 | 32 | 18 | 4 | 3 | 10 | 25 | 33 | ||||
| 5 | Montrose | 34 | 47 | 6 | 7 | 4 | 33 | 30 | 6 | 4 | 7 | 23 | 32 | |||
| 6 | Stirling Albion | 34 | 42 | 9 | 3 | 5 | 37 | 22 | 2 | 6 | 9 | 19 | 33 | |||
| 7 | Elgin City | 34 | 42 | 6 | 3 | 8 | 31 | 34 | 4 | 9 | 4 | 24 | 26 | |||
| 8 | Clyde | 34 | 41 | 8 | 2 | 7 | 24 | 27 | 4 | 3 | 10 | 15 | 30 | |||
| 9 | Annan Athletic | 34 | 37 | 6 | 5 | 6 | 28 | 25 | 3 | 5 | 9 | 21 | 39 | |||
| 10 | 34 | 29 | 5 | 3 | 9 | 26 | 35 | 3 | 2 | 12 | 19 | 55 | ||||