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Summary
| Rank | Name | Nation | Time |
| 1 | Jack Lovelock | NZL | 3:47.8 |
| 2 | Glenn Cunningham | USA | 3:48.4 |
| 3 | Luigi Beccali | ITA | 3:49.2 |
| 4 | Archie San Romani | USA | 3:50.0 |
| 5 | Philip Edwards | CAN | 3:50.4 |
| 6 | John Cornes | GBR | 3:51.4 |
| 7 | Miklos Szabo | HUN | 3:53.0 |
| 8 | Robert Goix | FRA | 3:53.8 |
| 9 | Eugene Venzke | USA | 3:55.0 |
| 10 | Friedrich Schaumburg | GER | 3:56.2 |
| 11 | Eric Ny | SWE | 3:57.6 |
| 12 | Werner Bottcher | GER | 4:04.2 |