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Christmas stockings hanging by the fire. Rawpixel.com/Shutterstock The tradition of hanging stockings on the fireplace can be traced back to a story of a widowed man who was worried he could not provide for his three daughters, according to Smithsonian Magazine. St. Nicholas heard about the family s hardships and filled the daughters stockings, which were drying by the fire, with gold coins. The popularity of the tradition, however, can be attributed to Clement Clarke Moore s poem, A Visit from St. Nicholas from 1823. A line from the classic poem reads, [St. Nick] fill d all the stockings; then turn d with a jerk,/And laying his finger aside of his nose/And giving a nod, up the chimney he rose. ....