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| Tables | » Home | Away | First round | Second round |
| # | Team | M. | W | D | L | goals | Dif. | Pt. | |
|---|---|---|---|---|---|---|---|---|---|
| 1 |
|
Peterhead FC | 16 | 10 | 6 | 0 | 35:12 | 23 | 36 |
| 2 |
|
Berwick Rangers | 16 | 9 | 2 | 5 | 36:20 | 16 | 29 |
| 3 |
|
Annan Athletic | 16 | 9 | 2 | 5 | 31:22 | 9 | 29 |
| 4 |
|
Stirling Albion FC | 16 | 8 | 5 | 3 | 28:19 | 9 | 29 |
| 5 |
|
Albion Rovers | 16 | 9 | 2 | 5 | 22:18 | 4 | 29 |
| 6 |
|
Clyde FC | 16 | 8 | 3 | 5 | 25:22 | 3 | 27 |
| 7 |
|
Montrose FC | 16 | 6 | 4 | 6 | 19:21 | -2 | 22 |
| 8 |
|
East Stirlingshire FC | 16 | 5 | 6 | 5 | 23:25 | -2 | 21 |
| 9 |
|
Elgin City | 16 | 5 | 3 | 8 | 31:30 | 1 | 18 |
| 10 |
|
Queen's Park FC | 16 | 2 | 4 | 10 | 15:32 | -17 | 10 |
| Promotion | |
| Playoffs | |
| Relegation |
