Archie and Reggie compete to be the school Santa Claus by seeing who can do the most to contribute to the school party. Archie has an edge with the help of Jingles the delinquent brownie, but Reggie wins anyway -- only to be terrorized by Moose because Midge has been crowned Mrs. Claus.; Thanks to one too many hits in the head during football practice, Moose is suffering from intermittent memory loss. When Moose temporarily forgets who Midge is, Reggie tries to make time with her while Moose is busy playing Santa Claus .; Archie buys Veronica a bottle of perfume for Christmas, but accidentally gets it spilled all over him before he can give it to her. When Veronica smells him, she thinks he's been with some other girl.; Reggie follows Archie around to see what he is buying for Veronica, then buys a more expensive version of each gift.; Jughead talks about a great new transistor radio that Archie likes, so everyone buys Archie one for Christmas.