Saturday 23 January 1904 at City Ground (Att 5,000)

Nottingham Forest (2) 5 (Shearman 23, Morris 36, Forman 60, Sugden 64, Shearman*): Linacre, Craig, Iremonger, Sugden, Forman, Timmins, Wright, Norris, Shearman, Morris, Spouncer.
Wolves (0) 0: Baddeley, Jones, Betteley, Whitehouse, Pheasant, Annis, Baynham, Haywood, Wooldridge, J Smith, Miller.

Referee: Mr W Nunnerley (Wrexham).
Position: 8th.