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| Tables | Home | » Away | First round | Second round |
| # | Team | M. | W | D | L | goals | Dif. | Pt. | |
|---|---|---|---|---|---|---|---|---|---|
| 1 |
|
Peterhead FC | 15 | 9 | 1 | 5 | 31:21 | 10 | 28 |
| 2 |
|
Annan Athletic | 15 | 8 | 3 | 4 | 30:22 | 8 | 27 |
| 3 |
|
Clyde FC | 15 | 6 | 3 | 6 | 14:18 | -4 | 21 |
| 4 |
|
East Stirlingshire FC | 15 | 6 | 2 | 7 | 18:23 | -5 | 20 |
| 5 |
|
Montrose FC | 15 | 4 | 5 | 6 | 20:26 | -6 | 17 |
| 6 |
|
Stirling Albion FC | 15 | 4 | 4 | 7 | 18:27 | -9 | 16 |
| 7 |
|
Berwick Rangers | 15 | 3 | 5 | 7 | 18:23 | -5 | 14 |
| 8 |
|
Albion Rovers | 15 | 2 | 6 | 7 | 17:25 | -8 | 12 |
| 9 |
|
Queen's Park FC | 15 | 3 | 2 | 10 | 17:29 | -12 | 11 |
| 10 |
|
Elgin City | 15 | 2 | 5 | 8 | 20:36 | -16 | 11 |
| Promotion | |
| Playoffs | |
| Relegation |
