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| Tables | Home | » Away | First round | Second round |
| # | Team | M. | W | D | L | goals | Dif. | Pt. | |
|---|---|---|---|---|---|---|---|---|---|
| 1 |
|
Peterhead FC | 17 | 11 | 1 | 5 | 35:21 | 14 | 34 |
| 2 |
|
Annan Athletic | 17 | 9 | 3 | 5 | 34:24 | 10 | 30 |
| 3 |
|
Clyde FC | 16 | 7 | 3 | 6 | 18:20 | -2 | 24 |
| 4 |
|
Stirling Albion FC | 17 | 6 | 4 | 7 | 22:28 | -6 | 22 |
| 5 |
|
East Stirlingshire FC | 16 | 6 | 2 | 8 | 19:25 | -6 | 20 |
| 6 |
|
Montrose FC | 17 | 4 | 6 | 7 | 21:31 | -10 | 18 |
| 7 |
|
Berwick Rangers | 17 | 4 | 5 | 8 | 22:26 | -4 | 17 |
| 8 |
|
Elgin City | 16 | 3 | 5 | 8 | 23:36 | -13 | 14 |
| 9 |
|
Albion Rovers | 16 | 2 | 6 | 8 | 18:28 | -10 | 12 |
| 10 |
|
Queen's Park FC | 16 | 3 | 3 | 10 | 18:30 | -12 | 12 |
| Promotion | |
| Playoffs | |
| Relegation |
