| Pos | Team | P | W | D | L | GF | GA | GD | Pts |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Peterhead | 36 | 23 | 7 | 6 | 74 | 38 | 36 | 76 |
| 2 | Annan Athletic | 36 | 19 | 6 | 11 | 69 | 49 | 20 | 63 |
| 3 | Stirling Albion | 36 | 16 | 10 | 10 | 60 | 50 | 10 | 58 |
| 4 | Clyde | 36 | 17 | 6 | 13 | 50 | 48 | 2 | 57 |
| 5 | Berwick | 36 | 15 | 7 | 14 | 63 | 49 | 14 | 52 |
| 6 | Montrose | 36 | 12 | 10 | 14 | 44 | 56 | -12 | 46 |
| 7 | Albion Rovers | 36 | 12 | 8 | 16 | 41 | 54 | -13 | 44 |
| 8 | East Stirlingshire | 36 | 12 | 8 | 16 | 45 | 59 | -14 | 44 |
| 9 | Elgin City | 36 | 9 | 9 | 18 | 62 | 73 | -11 | 36 |
| 10 | Queen's Park | 36 | 5 | 9 | 22 | 36 | 68 | -32 | 24 |
| Pos | Team | P | W | D | L | GF | GA | GD | Pts |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Peterhead | 18 | 11 | 6 | 1 | 37 | 16 | 21 | 39 |
| 2 | Stirling Albion | 18 | 9 | 6 | 3 | 34 | 22 | 12 | 33 |
| 3 | Annan Athletic | 18 | 10 | 3 | 5 | 34 | 23 | 11 | 33 |
| 4 | Berwick | 18 | 10 | 2 | 6 | 38 | 22 | 16 | 32 |
| 5 | Albion Rovers | 18 | 10 | 2 | 6 | 23 | 20 | 3 | 32 |
| 6 | Clyde | 18 | 9 | 3 | 6 | 29 | 24 | 5 | 30 |
| 7 | Montrose | 18 | 7 | 4 | 7 | 21 | 24 | -3 | 25 |
| 8 | East Stirlingshire | 18 | 6 | 6 | 6 | 26 | 28 | -2 | 24 |
| 9 | Elgin City | 18 | 6 | 3 | 9 | 37 | 33 | 4 | 21 |
| 10 | Queen's Park | 18 | 2 | 5 | 11 | 17 | 36 | -19 | 11 |
| Pos | Team | P | W | D | L | GF | GA | GD | Pts |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Peterhead | 18 | 12 | 1 | 5 | 37 | 22 | 15 | 37 |
| 2 | Annan Athletic | 18 | 9 | 3 | 6 | 35 | 26 | 9 | 30 |
| 3 | Clyde | 18 | 8 | 3 | 7 | 21 | 24 | -3 | 27 |
| 4 | Stirling Albion | 18 | 7 | 4 | 7 | 26 | 28 | -2 | 25 |
| 5 | Montrose | 18 | 5 | 6 | 7 | 23 | 32 | -9 | 21 |
| 6 | Berwick | 18 | 5 | 5 | 8 | 25 | 27 | -2 | 20 |
| 7 | East Stirlingshire | 18 | 6 | 2 | 10 | 19 | 31 | -12 | 20 |
| 8 | Elgin City | 18 | 3 | 6 | 9 | 25 | 40 | -15 | 15 |
| 9 | Queen's Park | 18 | 3 | 4 | 11 | 19 | 32 | -13 | 13 |
| 10 | Albion Rovers | 18 | 2 | 6 | 10 | 18 | 34 | -16 | 12 |