Merry-Go-Round Waltz (Kennedy-Finn) by Guy Lombardo and His Royal Canadians, vocal by Kenny Gardner and The Lombardo Trio
Yes....same melody as “The Loveliest Night Of The Year†but released two years before that Mario Lanza hit from “The Great Caruso.†Based on the 1888 tune “Over The Waves,†Lombardo’s waltz reached #18 on the best-sellers chart.
THE 1949 HITS ARCHIVE - here in one place, a good-quality library of original-release-version best-sellers and songs that made an impact that were either released or enjoyed a major chunk of their popularity within the calendar year 1949 (some were recorded in 1948).