Saturday 21 November 1931 at Molineux (Att 16,503)

Wolves (3) 4 (Phillips 28, Hartill 42 43 83): Tootill, Lowton, Kay, Rhodes, Hollingworth, Richards, Phillips, Bottrill, Hartill, Deacon, Barraclough.
Bristol City (1) 2 (Vials 6, Sargeant 46): Newlands, Walsh, Taylor, Jennings, Sliman, Brinton, Homer, Williams, Vials, Craig, Sergeant.

Referee: Mr F Ratcliffe (Crouch End).
Order of Goals: b,W,W,W,b,W.
Position: 3rd.