Division 2 - 1948-49
| P | W | D | L | F | A | GD | Pts | |
|---|---|---|---|---|---|---|---|---|
| Raith Rovers | 30 | 20 | 2 | 8 | 80 | 44 | 36 | 42 |
| Stirling Albion | 30 | 20 | 2 | 8 | 71 | 47 | 24 | 42 |
| Airdrieonians | 30 | 16 | 9 | 5 | 76 | 42 | 34 | 41 |
| Dunfermline Athletic | 30 | 16 | 9 | 5 | 80 | 58 | 22 | 41 |
| Queen's Park | 30 | 14 | 7 | 9 | 66 | 49 | 17 | 35 |
| St Johnstone | 30 | 14 | 4 | 12 | 58 | 51 | 7 | 32 |
| Arbroath | 30 | 12 | 8 | 10 | 62 | 56 | 6 | 32 |
| Dundee United | 30 | 10 | 7 | 13 | 60 | 67 | -7 | 27 |
| Ayr United | 30 | 10 | 7 | 13 | 51 | 70 | -19 | 27 |
| Hamilton | 30 | 9 | 8 | 13 | 48 | 57 | -9 | 26 |
| Kilmarnock | 30 | 9 | 7 | 14 | 58 | 61 | -3 | 25 |
| Stenhousemuir | 30 | 8 | 8 | 14 | 50 | 54 | -4 | 24 |
| Cowdenbeath | 30 | 9 | 5 | 16 | 53 | 58 | -5 | 23 |
| Alloa Athletic | 30 | 10 | 3 | 17 | 42 | 85 | -43 | 23 |
| Dumbarton | 30 | 8 | 6 | 16 | 52 | 79 | -27 | 22 |
| East Stirlingshire | 30 | 6 | 6 | 18 | 38 | 67 | -29 | 18 |

