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| Tables | » Home | Away | First round | Second round |
| # | Team | M. | W | D | L | goals | Dif. | Pt. | |
|---|---|---|---|---|---|---|---|---|---|
| 1 |
|
Elgin City | 12 | 9 | 2 | 1 | 34:9 | 25 | 29 |
| 2 |
|
Alloa Athletic | 12 | 8 | 3 | 1 | 21:9 | 12 | 27 |
| 3 |
|
Annan Athletic | 13 | 7 | 4 | 2 | 24:15 | 9 | 25 |
| 4 |
|
Stranraer FC | 12 | 7 | 2 | 3 | 32:22 | 10 | 23 |
| 5 |
|
Queen's Park FC | 12 | 6 | 4 | 2 | 27:10 | 17 | 22 |
| 6 |
|
Peterhead FC | 12 | 4 | 4 | 4 | 16:16 | 0 | 16 |
| 7 |
|
Clyde FC | 13 | 4 | 3 | 6 | 19:16 | 3 | 15 |
| 8 |
|
Montrose FC | 11 | 4 | 2 | 5 | 19:22 | -3 | 14 |
| 9 |
|
Berwick Rangers | 11 | 3 | 4 | 4 | 16:16 | 0 | 13 |
| 10 |
|
East Stirlingshire FC | 12 | 3 | 3 | 6 | 13:20 | -7 | 12 |
| Promotion | |
| Playoffs | |
| Relegation |
