| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Rangers | 31 | 71 | 11 | 3 | 1 | 40 | 10 | 10 | 5 | 1 | 35 | 14 | |||
| 2 | Queen's Park | 31 | 51 | 4 | 7 | 4 | 21 | 19 | 10 | 2 | 4 | 30 | 20 | |||
| 3 | Peterhead | 32 | 47 | 8 | 5 | 4 | 23 | 11 | 5 | 3 | 7 | 20 | 16 | |||
| 4 | Montrose | 32 | 46 | 6 | 7 | 4 | 33 | 30 | 6 | 3 | 6 | 23 | 31 | |||
| 5 | 32 | 41 | 8 | 5 | 3 | 28 | 17 | 3 | 3 | 10 | 23 | 32 | ||||
| 6 | Elgin City | 32 | 41 | 6 | 2 | 7 | 30 | 32 | 4 | 9 | 4 | 24 | 26 | |||
| 7 | Stirling Albion | 32 | 38 | 9 | 2 | 5 | 37 | 22 | 1 | 6 | 9 | 18 | 33 | |||
| 8 | Clyde | 32 | 38 | 7 | 2 | 7 | 23 | 27 | 4 | 3 | 9 | 15 | 28 | |||
| 9 | Annan Athletic | 32 | 34 | 6 | 5 | 5 | 28 | 24 | 2 | 5 | 9 | 19 | 38 | |||
| 10 | 32 | 29 | 5 | 3 | 8 | 25 | 33 | 3 | 2 | 11 | 18 | 50 | ||||