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Summary
| Rank | Name | Nation | Time |
| 1 | Melvin Sheppard | USA | 4:03.4 |
| 2 | Harold Wilson | GBR | 4:03.6 |
| 3 | Norman Hallows | GBR | 4:04.0 |
| 4 | John Lindsay Tait | CAN | 4:06.8 |
| 5 | Ivo Fairbairn-Crawford | GBR | 4:07.6 |
| 6 | Joseph Deakin | GBR | 4:07.9 |
| 7 | James Sullivan | USA | |
| 8 | Vincent Loney | GBR |