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| Tables | » Home | Away | First round | Second round |
| # | Team | M. | W | D | L | goals | Dif. | Pt. | |
|---|---|---|---|---|---|---|---|---|---|
| 1 |
|
Peterhead FC | 18 | 11 | 6 | 1 | 37:16 | 21 | 39 |
| 2 |
|
Berwick Rangers | 17 | 10 | 2 | 5 | 37:20 | 17 | 32 |
| 3 |
|
Annan Athletic | 17 | 9 | 3 | 5 | 32:23 | 9 | 30 |
| 4 |
|
Stirling Albion FC | 17 | 8 | 6 | 3 | 30:21 | 9 | 30 |
| 5 |
|
Clyde FC | 18 | 9 | 3 | 6 | 29:24 | 5 | 30 |
| 6 |
|
Albion Rovers | 17 | 9 | 2 | 6 | 22:20 | 2 | 29 |
| 7 |
|
Montrose FC | 18 | 7 | 4 | 7 | 21:24 | -3 | 25 |
| 8 |
|
East Stirlingshire FC | 17 | 6 | 6 | 5 | 25:26 | -1 | 24 |
| 9 |
|
Elgin City | 18 | 6 | 3 | 9 | 37:33 | 4 | 21 |
| 10 |
|
Queen's Park FC | 18 | 2 | 5 | 11 | 17:36 | -19 | 11 |
| Promotion | |
| Playoffs | |
| Relegation |
