| Final Ranking | p | _w_ | _d_ | _l_ | gf | ga | g+- | | 1. |  Argentina | 8 | 4 | 0 | 0 | 10: | 2 | +8 | | 2. |  Uruguay | 6 | 3 | 0 | 1 | 10: | 1 | +9 | | 3. |  Chile | 4 | 2 | 0 | 2 | 6: | 3 | +3 | | 4. |  Peru | 2 | 1 | 0 | 3 | 5: | 5 | 0 | | 5. |  Ecuador | 0 | 0 | 0 | 4 | 1: | 21 | -20 |
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| All matches played at Estadio Nacional, Santiago. |
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| Team | Arge | Urug | Chil | Peru | Ecua | | Argentina | --- | 1:0 | 1:0 | 2:1 | 6:1 | | Uruguay | | --- | 2:0 | 2:0 | 6:0 | | Chile | | | --- | 1:0 | 5:0 | | Peru | | | | --- | 4:0 | | Ecuador | | | | | --- |
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| date | team 1 _________ | score | team 2 _________ | HT | | Sun 02.02.41 | Chile | 5-0 | Ecuador | 4-0 | | Sun 09.02.41 | Uruguay | 6-0 | Ecuador | 4-0 | | 1-0 Rivero 9' 2-0 Gambetta 16' 3-0 Rivero 23' 4-0 Porta 39' 5-0 Laurido 75'OG 6-0 Rivero 87' | | Sun 09.02.41 | Chile | 1-0 | Peru | 1-0 | | Wed 12.02.41 | Argentina | 2-1 | Peru | 1-0 | | Sun 16.02.41 | Argentina | 6-1 | Ecuador | 5-0 | | Sun 16.02.41 | Uruguay | 2-0 | Chile | 1-0 | | Sun 23.02.41 | Peru | 4-0 | Ecuador | 3-0 | | Sun 23.02.41 | Argentina | 1-0 | Uruguay | 0-0 | | Wed 26.02.41 | Uruguay | 2-0 | Peru | 1-0 | | Tue 04.03.41 | Argentina | 1-0 | Chile | 0-0 |
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