| Clubs | P | W | D | L | FA | Point | |
| 1 | Berwick | 4 | 3 | 1 | 0 | 14-5 | 10 |
| 2 | Annan Athletic | 4 | 2 | 2 | 0 | 8-4 | 8 |
| 3 | Stranraer | 4 | 2 | 2 | 0 | 9-7 | 8 |
| 4 | Albion Rovers | 4 | 2 | 1 | 1 | 8-7 | 7 |
| 5 | Arbroath | 4 | 2 | 0 | 2 | 7-8 | 6 |
| 6 | East Stirling | 4 | 2 | 0 | 2 | 5-6 | 6 |
| 7 | Montrose | 4 | 1 | 1 | 2 | 6-5 | 4 |
| 8 | Clyde | 4 | 1 | 1 | 2 | 5-8 | 4 |
| 9 | Queen's Park | 4 | 1 | 0 | 3 | 3-6 | 3 |
| 10 | Elgin City | 4 | 0 | 0 | 4 | 6-15 | 0 |