| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Rangers | 35 | 80 | 12 | 3 | 2 | 43 | 12 | 12 | 5 | 1 | 43 | 17 | |||
| 2 | Queen's Park | 35 | 57 | 5 | 7 | 5 | 27 | 24 | 11 | 2 | 5 | 33 | 25 | |||
| 3 | Peterhead | 35 | 54 | 9 | 5 | 4 | 26 | 11 | 6 | 4 | 7 | 22 | 17 | |||
| 4 | 35 | 47 | 9 | 5 | 4 | 32 | 20 | 4 | 3 | 10 | 25 | 33 | ||||
| 5 | Montrose | 35 | 47 | 6 | 7 | 5 | 34 | 32 | 6 | 4 | 7 | 23 | 32 | |||
| 6 | Stirling Albion | 35 | 43 | 9 | 4 | 5 | 38 | 23 | 2 | 6 | 9 | 19 | 33 | |||
| 7 | Elgin City | 35 | 43 | 6 | 3 | 8 | 31 | 34 | 4 | 10 | 4 | 25 | 27 | |||
| 8 | Clyde | 35 | 41 | 8 | 2 | 7 | 24 | 27 | 4 | 3 | 11 | 15 | 33 | |||
| 9 | Annan Athletic | 35 | 40 | 6 | 5 | 6 | 28 | 25 | 4 | 5 | 9 | 23 | 39 | |||
| 10 | 35 | 29 | 5 | 3 | 10 | 28 | 39 | 3 | 2 | 12 | 19 | 55 | ||||