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| Tables | » Home | Away | First round | Second round |
| # | Team | M. | W | D | L | goals | Dif. | Pt. | |
|---|---|---|---|---|---|---|---|---|---|
| 1 |
|
Annan Athletic | 6 | 5 | 1 | 0 | 14:3 | 11 | 16 |
| 2 |
|
Elgin City | 6 | 5 | 0 | 1 | 16:5 | 11 | 15 |
| 3 |
|
Alloa Athletic | 5 | 3 | 2 | 0 | 10:6 | 4 | 11 |
| 4 |
|
Stranraer FC | 7 | 3 | 2 | 2 | 15:13 | 2 | 11 |
| 5 |
|
Clyde FC | 7 | 3 | 1 | 3 | 11:8 | 3 | 10 |
| 6 |
|
Berwick Rangers | 6 | 3 | 1 | 2 | 10:7 | 3 | 10 |
| 7 |
|
Montrose FC | 5 | 3 | 0 | 2 | 9:11 | -2 | 9 |
| 8 |
|
Queen's Park FC | 5 | 2 | 2 | 1 | 7:5 | 2 | 8 |
| 9 |
|
East Stirlingshire FC | 7 | 1 | 1 | 5 | 5:13 | -8 | 4 |
| 10 |
|
Peterhead FC | 6 | 0 | 3 | 3 | 6:11 | -5 | 3 |
| Promotion | |
| Playoffs | |
| Relegation |
