Saturday 12 March 1938 at Blundell Park (Att 12,000)

Grimsby Town (1) 1 (Coulter 40): Tweedy, Vincent, Hodgson, Hall, Betmead, Buck, H Shaw, Beattie, Gallacher, Craven, Coulter.
Wolves (0) 0: Scott, Morris, J Taylor, Smalley, Cullis, Gardiner, Maguire, Thompson, Westcott, Galley, Kirkham.

Referee: Mr A Barton (Repton).
Position: 2nd.