Just days after the 1904 FHL regular season was finished, the reigning Stanley Cup champion Ottawa Hockey Club left the CAHL and joined the FHL. The Wanderers, FHL regular season champions, immediately played Ottawa for the combined Stanley Cup/FAHL championship.
1904 Regular Season Results | |||||||||||||||||||
| Date | Opponent | Result | Score | OT | Record | ||||||||||||||
| 1/6 | at Mtl. Le National | L | 3-5 | 0-1 | |||||||||||||||
| 1/15 | vs Mtl. Wanderers | L | 1-5 | 0-2 | |||||||||||||||
| 1/27 | at Ott. Capitals | W | 5-4 | 1-2 | |||||||||||||||
| 2/3 | vs Ott. Capitals | W | 7-3 | 2-2 | |||||||||||||||
| 2/18 | at Mtl. Wanderers | L | 3-8 | 2-3 | |||||||||||||||
| 2/24 | vs Mtl. Le National | L | 1-2 | 2-4 | |||||||||||||||