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Huracán (Primera División champion) faced Newell's Old Boys (Liga Rosarina champion) in a match held in Estadio Sportivo Barracas on March 4, 1923. As the match ended in a tie, both teams played a new game on April 22 at the same venue, where Huracán defeated Newell's 1–0 taking revenge from the previous edition and therefore winning its first Ibarguren trophy.