Saturday 19 February 1938 at Goodison Park (Att 39,863)

Everton (0) 0: Morton, Greenhalph, J Jones, Britton, T Jones, Mercer, Geldard, Cunliffe, Law, Stevenson, Gillick.
Wolves (0) 1 (Langley 84): Scott, Morris, J Taylor, Smalley, Cullis, Gardiner, Maguire, Thompson, Langley, Jones, Ashall.

Referee: Mr A Jewell (Forest Hill).
Position: 2nd.