- words by Eddie De Lange, music by Will Hudson and Irving Mills
 - as recorded in New York August 20, 1934 by Ethyl Waters (1896-1977)
 with members of the Dorsey Brothers Orchestra.

 It must have been moonglow, way up in the blue
 It must have been moonglow that led me straight to you
 I still hear you sayin', "Dear one, hold me fast"
 And I keep on prayin', "Oh Lord, please let this last"

 We seemed to float right through the air
 Heavenly songs seemed to come from everywhere

 And now when there's moonglow, way up in the blue
 I'll always remember, that moonglow gave me you

 It must have been moonglow, way up in the blue
 It must have been moonglow that led me straight to you
 I still hear you sayin', "Sweet child, hold me fast"
 And I keep on prayin', "Oh Lord, please let this last"

 We seemed to float right through the air
 Heavenly songs seemed to come from everywhere

 And now when there's moonglow, way up in the blue
 I'll always remember, that moonglow gave me you