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| Tables | Home | » Away | First round | Second round |
| # | Team | M. | W | D | L | goals | Dif. | Pt. | |
|---|---|---|---|---|---|---|---|---|---|
| 1 |
|
Alloa Athletic | 11 | 6 | 3 | 2 | 19:15 | 4 | 21 |
| 2 |
|
Queen's Park FC | 11 | 6 | 1 | 4 | 17:17 | 0 | 19 |
| 3 |
|
Stranraer FC | 10 | 5 | 3 | 2 | 22:10 | 12 | 18 |
| 4 |
|
Berwick Rangers | 11 | 3 | 4 | 4 | 20:22 | -2 | 13 |
| 5 |
|
Annan Athletic | 10 | 3 | 2 | 5 | 11:17 | -6 | 11 |
| 6 |
|
Clyde FC | 10 | 2 | 4 | 4 | 8:12 | -4 | 10 |
| 7 |
|
Elgin City | 10 | 2 | 3 | 5 | 8:21 | -13 | 9 |
| 8 |
|
Montrose FC | 11 | 2 | 2 | 7 | 17:26 | -9 | 8 |
| 9 |
|
Peterhead FC | 11 | 2 | 1 | 8 | 10:22 | -12 | 7 |
| 10 |
|
East Stirlingshire FC | 10 | 0 | 1 | 9 | 6:31 | -25 | 1 |
| Promotion | |
| Playoffs | |
| Relegation |
