Independiente beat River Plate 2-4. Emilio Reuben scored 2 goals.

1. 0'
   ⚽Kick-off
   Primera División 1938
   Referee: Caswell
2. 1. First half
   2. 32'
      ARG
      GOOOAL!VMVicente de la Mata
   3. 44'
      ARG
      GOOOAL!JMJosé Manuel Moreno
3. 1. Second half
   2. 46'
      ARG
      GOOOAL!EREmilio Reuben
   3. 55'
      ARG
      GOOOAL!AEArsenio Erico
   4. 58'
      ARG
      GOOOAL!EREmilio Reuben
   5. 86'
      ARG
      GOOOAL!APAdolfo Alfredo PederneraPenalty