| Feb. 18, 1948 | SACC | 1948 | Emelec | 0 - 4 | River Plate | Santiago, Chile | 1 | ||
| Feb. 18, 1948 | SACC | 1948 | CR Vasco da Gama | 4 - 1 | Nacional | Estadio Nacional Julio Mart... | Higino Madrid | 2 |
| gp | gs | min | g | ||||
|---|---|---|---|---|---|---|---|
| Rodolfo Pini | Nacional | 1 | 1 | 90 | 0 | ||
| Rafagnelli | CR Vasco da Gama | 1 | 1 | 90 | 0 | ||
| Friaça | CR Vasco da Gama | 1 | 1 | 90 | 1 | ||
| Ely | CR Vasco da Gama | 1 | 1 | 90 | 0 | ||
| Danilo | CR Vasco da Gama | 1 | 1 | 90 | 1 | ||
| Barbosa | CR Vasco da Gama | 1 | 1 | 90 | 0 | ||
| Chico | CR Vasco da Gama | 1 | 1 | 90 | 0 | ||
| Cajiga | Nacional | 1 | 1 | 90 | 0 | ||
| Marin | Nacional | 1 | 1 | 90 | 0 | ||
| Raúl Pini | Nacional | 1 | 1 | 90 | 0 | ||
| Talba | Nacional | 1 | 0 | 0 | |||
| Tejera | Nacional | 1 | 1 | 90 | 0 | ||
| Jorge | CR Vasco da Gama | 1 | 1 | 90 | 0 | ||
| Castro | Nacional | 1 | 1 | 90 | 0 | ||
| José García | Nacional | 1 | 1 | 90 | 0 | ||
| Paz | Nacional | 1 | 1 | 90 | 0 | ||
| Gambetta | Nacional | 1 | 1 | 90 | 0 | ||
| Ademir | CR Vasco da Gama | 1 | 1 | 90 | 1 | ||
| Ismael | CR Vasco da Gama | 1 | 0 | 0 | |||
| Wálter Gómez | Nacional | 1 | 1 | 90 | 1 | ||
| Djalma | CR Vasco da Gama | 1 | 1 | 90 | 0 | ||
| Wilson | CR Vasco da Gama | 1 | 1 | 90 | 0 | ||
| Maneca | CR Vasco da Gama | 1 | 1 | 90 | 1 | ||
| Orlandi | Nacional | 1 | 1 | 90 | 0 |