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.
TEAMWLTPts
1904 Ottawa Hockey Club LogoOttawa HC    0000
1904 Montreal Wanderers LogoMtl. Wanderers   60012
1904 Montreal Le National LogoMtl. Le National 3306
1904 Cornwall Hockey Club LogoCornwall HC 2404
1904 Ottawa Capitals LogoOtt. Capitals 1502