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| Tables | » Home | Away | First round | Second round |
| # | Team | M. | W | D | L | goals | Dif. | Pt. | |
|---|---|---|---|---|---|---|---|---|---|
| 1 |
|
Elgin City | 13 | 10 | 2 | 1 | 37:9 | 28 | 32 |
| 2 |
|
Alloa Athletic | 12 | 8 | 3 | 1 | 21:9 | 12 | 27 |
| 3 |
|
Stranraer FC | 13 | 8 | 2 | 3 | 33:22 | 11 | 26 |
| 4 |
|
Annan Athletic | 13 | 7 | 4 | 2 | 24:15 | 9 | 25 |
| 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 | 12 | 4 | 2 | 6 | 20:25 | -5 | 14 |
| 9 |
|
Berwick Rangers | 12 | 3 | 4 | 5 | 17:19 | -2 | 13 |
| 10 |
|
East Stirlingshire FC | 13 | 3 | 3 | 7 | 14:22 | -8 | 12 |
| Promotion | |
| Playoffs | |
| Relegation |
