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| Tables | » Home | Away | First round | Second round |
| # | Team | M. | W | D | L | goals | Dif. | Pt. | |
|---|---|---|---|---|---|---|---|---|---|
| 1 |
|
Elgin City | 17 | 11 | 5 | 1 | 32:14 | 18 | 38 |
| 2 |
|
East Fife FC | 17 | 10 | 3 | 4 | 29:16 | 13 | 33 |
| 3 |
|
Berwick Rangers | 17 | 9 | 4 | 4 | 27:22 | 5 | 31 |
| 4 |
|
Annan Athletic | 17 | 8 | 6 | 3 | 38:29 | 9 | 30 |
| 5 |
|
Montrose FC | 17 | 8 | 4 | 5 | 29:31 | -2 | 28 |
| 6 |
|
Clyde FC | 17 | 8 | 3 | 6 | 26:21 | 5 | 27 |
| 7 |
|
Stirling Albion FC | 17 | 8 | 3 | 6 | 25:20 | 5 | 27 |
| 8 |
|
Queen's Park FC | 17 | 6 | 5 | 6 | 19:17 | 2 | 23 |
| 9 |
|
East Stirlingshire FC | 17 | 6 | 1 | 10 | 21:37 | -16 | 19 |
| 10 |
|
Arbroath FC | 17 | 5 | 3 | 9 | 19:21 | -2 | 18 |
| Promotion | |
| Playoffs | |
| Playoffs |
