Wednesday 27 August 1947 at Molineux (Att 43,289)

Wolves (4) 8 (Smyth 4 60, Westcott 11 70, Pye 15 78 84, Hancocks 62): Williams, McLean, Pritchard, Galley, Brice, Wright, Hancocks, Pye, Westcott, Smyth, Mullen.
Grimsby Town (1) 1 (Cairns 1): Tweedy, Fisher, J Hodgson, Blenkinsopp, Taylor, F Reeve, Johnson, Clifton, Briggs, Cairns, Wardle.

Referee: Mr F Chadwick (Leicester).
Order of Goals: g,W,W,W,W,W,W,W,W.
Landmark: Sammy Smyth nets his first senior goals.
Position: 7th.