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| Tables | » Home | Away | First round | Second round |
| # | Team | M. | W | D | L | goals | Dif. | Pt. | |
|---|---|---|---|---|---|---|---|---|---|
| 1 |
|
Peterhead FC | 15 | 9 | 6 | 0 | 31:12 | 19 | 33 |
| 2 |
|
Annan Athletic | 15 | 9 | 2 | 4 | 30:20 | 10 | 29 |
| 3 |
|
Clyde FC | 15 | 8 | 3 | 4 | 25:19 | 6 | 27 |
| 4 |
|
Berwick Rangers | 15 | 8 | 2 | 5 | 33:19 | 14 | 26 |
| 5 |
|
Stirling Albion FC | 15 | 7 | 5 | 3 | 26:18 | 8 | 26 |
| 6 |
|
Albion Rovers | 15 | 8 | 2 | 5 | 20:17 | 3 | 26 |
| 7 |
|
Montrose FC | 15 | 6 | 4 | 5 | 19:18 | 1 | 22 |
| 8 |
|
East Stirlingshire FC | 15 | 5 | 6 | 4 | 21:21 | 0 | 21 |
| 9 |
|
Elgin City | 15 | 5 | 2 | 8 | 30:29 | 1 | 17 |
| 10 |
|
Queen's Park FC | 15 | 2 | 4 | 9 | 15:30 | -15 | 10 |
| Promotion | |
| Playoffs | |
| Relegation |
