Saturday 10 September 1949 at Molineux (Att 50,424)

Wolves (2) 3 (Hancocks 27p, Dunn 40, Smyth 48): Williams, McLean, Pritchard, Crook, Shorthouse, Wright, Hancocks, Smyth, Pye, Dunn, Mullen.
Middlesbrough (0) 1 (McCrae 59): Ugolini, Robinson, Hardwick, Bell, Whitaker, Gordon, Walker, McKennan, Mannion, Hartnett, McCrae.

Referee: Mr F Coultas (Hull).
Order of Goals: W,W,W,m.
Penalty: Awarded for handball against Dick Robinson.
Position: 1st.