Saturday 5 March 1938 at Molineux (Att 38,849)

Wolves (0) 1 (Jones 75): Scott, Morris, J Taylor, Smalley, Cullis, Gardiner, Maguire, Thompson, Langley, Jones, Ashall.
Leeds United (0) 1 (Sproston 88): Savage, Sproston, Jack Milburn, Makinson, Holly, Browne, Armes, Thomson, Hodgson, Stephenson, Hargreaves.

Referee: Mr H Lewington (Croydon).
Order of Goals: W,l.
Position: 2nd.