Saturday 31 January 1931 at Molineux (Att 9,594)

Wolves (2) 3 (Hollingworth 3, Deacon 21, Hartill 61): Whittaker, Lowton, Kay, Rhodes, Hollingworth, Smith, Phillips, Bottrill, Hartill, J Deacon, Barraclough.
Southampton (0) 2 (Arnold 48, Mackie 58): Scriven, Bradford, Keeping, Adams, McIlwane, Woodhouse, Cowper, Mackie, Haines, Wilson, Arnold.

Referee: Mr W Evans (Cardiff).
Order of Goals: W,W,s,s,W.
Landmark: Jack Smith signed earlier in the season from Merthyr Town makes his debut.
Position: 4th.