| Racing Santander beat Gimnástica Torrelavega 1-0 (A) on 23 Oct 1949 |
| Gimnástica Torrelavega beat SG Lucense 2-1 (A) on 4 Sep 1949 |
| SG Lucense beat Orensana 1-0 (H) on 18 Sep 1949 |
| Orensana beat Osasuna 1-0 (H) on 9 Oct 1949 |
| Osasuna beat Lleida 5-2 (H) on 18 Sep 1949 |
| Lleida beat Sabadell 3-2 (H) on 11 Sep 1949 |
| Sabadell beat Real Zaragoza 5-1 (H) on 18 Sep 1949 |
| Real Zaragoza beat Badalona 2-0 (H) on 11 Sep 1949 |
| Badalona beat Sporting Gijón 2-1 (H) on 23 Oct 1949 |
| Sporting Gijón beat Erandio 3-0 (H) on 18 Sep 1949 |
| Erandio beat Numancia 1-0 (H) on 25 Sep 1949 |
| Numancia beat Arosa 4-1 (H) on 4 Sep 1949 |
| Arosa beat Girona 2-1 (H) on 2 Oct 1949 |
| Girona beat Racing Ferrol 5-2 (H) on 25 Sep 1949 |
| Racing Ferrol beat Barakaldo 1-0 (H) on 2 Oct 1949 |
FLP: Thick arrows show the earliest chain of wins that passes through every team.