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| Tables | Home | » Away | First round | Second round |
| # | Team | M. | W | D | L | goals | Dif. | Pt. | |
|---|---|---|---|---|---|---|---|---|---|
| 1 |
|
Alloa Athletic | 12 | 7 | 3 | 2 | 21:16 | 5 | 24 |
| 2 |
|
Stranraer FC | 11 | 5 | 4 | 2 | 24:12 | 12 | 19 |
| 3 |
|
Queen's Park FC | 12 | 6 | 1 | 5 | 18:19 | -1 | 19 |
| 4 |
|
Berwick Rangers | 12 | 3 | 5 | 4 | 22:24 | -2 | 14 |
| 5 |
|
Annan Athletic | 11 | 3 | 3 | 5 | 12:18 | -6 | 12 |
| 6 |
|
Clyde FC | 11 | 2 | 5 | 4 | 9:13 | -4 | 11 |
| 7 |
|
Peterhead FC | 12 | 3 | 1 | 8 | 11:22 | -11 | 10 |
| 8 |
|
Elgin City | 11 | 2 | 3 | 6 | 10:26 | -16 | 9 |
| 9 |
|
Montrose FC | 12 | 2 | 2 | 8 | 17:28 | -11 | 8 |
| 10 |
|
East Stirlingshire FC | 11 | 0 | 2 | 9 | 8:33 | -25 | 2 |
| Promotion | |
| Playoffs | |
| Relegation |
