Monday 2 May 1938 at Molineux (Att 43,406)

Wolves (2) 2 (Dorsett 55s, Westcott 36): Scott, Morris, J Taylor, Galley, Cullis, Smalley, Maguire, Thompson, Westcott, Jones, Dorsett.
West Bromwich Albion (1) 1 (Sandford 40): Baldwin, Bassett, Shaw, Sankey, Davies, McNab, WG Richardson, Heaselgrave, Jones, Sandford, Mahon.

Referee: Mr H Nattrass (Sunderland).
Order of Goals: W,W,w.
Landmark: Wolves record there 500th home win the Football.
Re-Arranged: This Black Country Derby was originally scheduled for Boxing Day but was postponed because of fog.
Position: 1st.