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| Tables | Home | » Away | First round | Second round |
| # | Team | M. | W | D | L | goals | Dif. | Pt. | |
|---|---|---|---|---|---|---|---|---|---|
| 1 |
|
Alloa Athletic | 9 | 4 | 3 | 2 | 12:14 | -2 | 15 |
| 2 |
|
Stranraer FC | 8 | 4 | 2 | 2 | 17:7 | 10 | 14 |
| 3 |
|
Queen's Park FC | 9 | 4 | 1 | 4 | 12:14 | -2 | 13 |
| 4 |
|
Berwick Rangers | 9 | 3 | 3 | 3 | 18:16 | 2 | 12 |
| 5 |
|
Annan Athletic | 8 | 3 | 2 | 3 | 9:12 | -3 | 11 |
| 6 |
|
Clyde FC | 8 | 2 | 4 | 2 | 8:7 | 1 | 10 |
| 7 |
|
Elgin City | 8 | 2 | 3 | 3 | 8:12 | -4 | 9 |
| 8 |
|
Montrose FC | 9 | 2 | 1 | 6 | 14:21 | -7 | 7 |
| 9 |
|
Peterhead FC | 9 | 1 | 1 | 7 | 8:19 | -11 | 4 |
| 10 |
|
East Stirlingshire FC | 8 | 0 | 1 | 7 | 5:27 | -22 | 1 |
| Promotion | |
| Playoffs | |
| Relegation |
