| P | W | D | L | CS | FtS | F | A | GD | Pt | PPG | ||
| 1 | St Johnstone | 10 | 9 | 1 | 0 | 4 | 0 | 28 | 7 | +21 | 19 | 1.90 |
| 2 | Arbroath | 9 | 8 | 1 | 0 | 3 | 0 | 35 | 14 | +21 | 17 | 1.89 |
| 3 | Third Lanark | 10 | 8 | 2 | 0 | 5 | 0 | 35 | 9 | +26 | 18 | 1.80 |
| 4 | Raith Rovers | 10 | 9 | 0 | 1 | 4 | 0 | 41 | 16 | +25 | 18 | 1.80 |
| 5 | Forfar Athletic | 9 | 8 | 0 | 1 | 1 | 0 | 30 | 15 | +15 | 16 | 1.78 |
| 6 | Queen of the South | 10 | 8 | 1 | 1 | 4 | 1 | 36 | 11 | +25 | 17 | 1.70 |
| 7 | Dundee United | 10 | 8 | 1 | 1 | 4 | 1 | 36 | 12 | +24 | 17 | 1.70 |
| 8 | Montrose | 10 | 8 | 1 | 1 | 3 | 0 | 22 | 14 | +8 | 17 | 1.70 |
| 9 | Stenhousemuir | 9 | 7 | 0 | 2 | 1 | 0 | 29 | 17 | +12 | 14 | 1.56 |
| 10 | Armadale | 9 | 6 | 2 | 1 | 3 | 1 | 24 | 12 | +12 | 14 | 1.56 |
| 11 | Alloa Athletic | 9 | 7 | 0 | 2 | 4 | 2 | 21 | 11 | +10 | 14 | 1.56 |
| 12 | Brechin City | 9 | 6 | 2 | 1 | 3 | 0 | 20 | 10 | +10 | 14 | 1.56 |
| 13 | Dunfermline Athletic | 10 | 7 | 1 | 2 | 5 | 1 | 34 | 8 | +26 | 15 | 1.50 |
| 14 | Albion Rovers | 10 | 6 | 3 | 1 | 3 | 1 | 32 | 17 | +15 | 15 | 1.50 |
| 15 | St Bernard's | 9 | 5 | 2 | 2 | 3 | 1 | 31 | 11 | +20 | 12 | 1.33 |
| 16 | Dumbarton | 10 | 6 | 1 | 3 | 1 | 3 | 22 | 15 | +7 | 13 | 1.30 |
| 17 | Bo'ness | 9 | 5 | 1 | 3 | 1 | 1 | 22 | 15 | +7 | 11 | 1.22 |
| 18 | East Stirlingshire | 10 | 5 | 2 | 3 | 1 | 2 | 24 | 19 | +5 | 12 | 1.20 |
| 19 | Clydebank (old) | 9 | 5 | 0 | 4 | 2 | 1 | 17 | 14 | +3 | 10 | 1.11 |
| 20 | King's Park | 9 | 4 | 1 | 4 | 0 | 3 | 18 | 11 | +7 | 9 | 1.00 |
2 points for a win
Points per game, average goal difference then average goals scored applies
Points per game, average goal difference then average goals scored applies
