| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Rangers | 30 | 70 | 11 | 3 | 1 | 40 | 10 | 10 | 4 | 1 | 35 | 14 | |||
| 2 | Queen's Park | 29 | 50 | 4 | 6 | 3 | 19 | 16 | 10 | 2 | 4 | 30 | 20 | |||
| 3 | Montrose | 30 | 44 | 6 | 5 | 4 | 31 | 28 | 6 | 3 | 6 | 23 | 31 | |||
| 4 | Peterhead | 30 | 41 | 6 | 5 | 4 | 15 | 11 | 5 | 3 | 7 | 20 | 16 | |||
| 5 | 30 | 41 | 8 | 5 | 3 | 28 | 17 | 3 | 3 | 8 | 22 | 29 | ||||
| 6 | Elgin City | 30 | 37 | 6 | 2 | 7 | 30 | 32 | 3 | 8 | 4 | 21 | 24 | |||
| 7 | Stirling Albion | 29 | 33 | 8 | 2 | 5 | 36 | 22 | 1 | 4 | 9 | 14 | 29 | |||
| 8 | Annan Athletic | 30 | 33 | 6 | 4 | 5 | 26 | 22 | 2 | 5 | 8 | 19 | 36 | |||
| 9 | Clyde | 30 | 32 | 5 | 2 | 7 | 19 | 26 | 4 | 3 | 9 | 15 | 28 | |||
| 10 | 30 | 29 | 5 | 3 | 8 | 25 | 33 | 3 | 2 | 9 | 18 | 42 | ||||