[Verse] Party hat and satin dress Silver paper curled in her long black hair Tapping one small elegant shoe in time   Oh the way she plays with them Smile at one then dance with another Pretty soon they’re forming up a line                              [Chorus] And she’s laughing laughing into 1939                            Oh laughing laughing into 1939                                  [Verse] Oh the party draws them in                               It breathes and moves To a life its own In its arms it’s gathering all time   From the dark he watches her Moving in and out of the bobbing crowd If she even notices she gives no sign   [Chorus] And she’s laughing laughing into 1939                    Oh laughing laughing into 1939                                  For tonight is New Year’s Eve Uncork your spirits and welcome it in Who knows what it’s got up its sleeve Can’t wait for it all to begin Stand by the girl with the purple balloon The look in her eyes just lights up the room In the corner of her smile she’ll be seeing you soon Under a mistletoe moon                          [instrumental break] Out on to the balcony   Come the King and Queen And the crowd go wild He’s a little bit nervous But that’s just fine   [Chorus] And she’s laughing laughing into 1939                    Oh laughing laughing into 1939