11 September 1954
Melbourne 2.2, 3.9, 6.13, 14.17.101
Carlton 4.4, 8.4, 12.9, 15.9.99
Melbourne started better but were wasteful with their kicking for goal and had an early lead before Carlton dominated the last minutes of the first quarter to take a 14 point lead into the first break.
The Blues went into the last quarter 32 points in front but were swept aside by a rampaging Demon comeback in the last. Even the final few minutes when Carlton stacked the backline couldn't stop Melbourne getting back within a goal.
The siren rang with the ball in the hands of Rickards who slotted the winner. At the other end Jack Ellis had booted 11 for the Blues but it wasn't enough to get them over the line.
Best were Constable, Webster and Ferguson. Richards replaced Ridley (ankle) during the game and Hayes replaced Dixon (cramp).
B: Glourey, Power, C. Wilson
HB: Constable, Ferguson, Carroll
C: Ron McKenzie, Dixon, Kearney
HF: Bull, Webster, Laidlaw
F: Ridley, Mueller, Magee
R: T. Johnston, Woods, Albiston
I: Rickards, Hayes
E: W. McMahon, Rouse, B. Wilson, Proffitt.
The Age gives the interchange as Richards and Hughes.