The pre-season saw manager Norman Low sign several young new players to replace those released at the end of the previous season, saying his team would 'fight like hell to get back into the Second Division'.

[1] In September, right-half Selwyn Whalley turned part-time, dividing his duties between playing football and teaching at Hanley High School.

[1] Following this top-scorer Stan Steele went off the boil, as the Vale lost their form in the Christmas period, losing 1–0 twice to Coventry City in two days.

[1] By February, Vale were in seventh position, only four points off the top spot (with three games in hand) despite their loss of form.

[1] Stan Steele, Jack Wilkinson, and Harry Poole all proved themselves consistent goalscorers, scoring 22, 19, and 16 goals respectively.

[1] Five players were released in the summer, most notably Bert Carberry (Exeter City) and Bill Cleary (King's Lynn).

Third Division North Hull City knocked the Vale out in the Second Round, however, winning the replay 4–3 at Boothferry Park.