SM
| Team | P | W | D | L | F | A | GD | PTS | |
| 1 | PeterheadPeterhead | 20 | 15 | 2 | 3 | 41 | 17 | 24 | 47 |
| 2 | Clyde | 20 | 13 | 3 | 4 | 41 | 23 | 18 | 42 |
| 3 | Annan AthleticAnnan | 20 | 11 | 3 | 6 | 39 | 17 | 22 | 36 |
| 4 | Elgin CityElgin | 20 | 7 | 1 | 12 | 24 | 32 | -8 | 22 |
| 5 | BerwickBerwick | 20 | 4 | 2 | 14 | 20 | 54 | -34 | 14 |
| 6 | Albion RoversAlbion Rovers | 20 | 3 | 3 | 14 | 18 | 40 | -22 | 12 |
| Team | P | W | D | L | F | A | GD | PTS | |
| 1 | Edinburgh CityEdinburgh | 20 | 14 | 2 | 4 | 34 | 15 | 19 | 44 |
| 2 | Annan AthleticAnnan | 20 | 13 | 3 | 4 | 46 | 23 | 23 | 42 |
| 3 | Stirling AlbionStirling | 20 | 8 | 6 | 6 | 22 | 19 | 3 | 30 |
| 4 | CowdenbeathCowdenbeath | 20 | 8 | 4 | 8 | 28 | 21 | 7 | 28 |
| 5 | Queen's ParkQueen's Park | 20 | 4 | 7 | 9 | 18 | 26 | -8 | 19 |
| 6 | BerwickBerwick | 20 | 1 | 2 | 17 | 8 | 52 | -44 | 5 |
| Team | P | W | D | L | F | A | GD | PTS | |
| 1 | Clyde | 8 | 5 | 1 | 2 | 11 | 7 | 4 | 16 |
| 2 | Annan AthleticAnnan | 8 | 3 | 2 | 3 | 11 | 8 | 3 | 11 |
| 3 | Queen's ParkQueen's Park | 8 | 2 | 1 | 5 | 6 | 13 | -7 | 7 |
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