The Deseret String Band, AKA the Bunkhouse Orchestra, does a fine version of this with lyrics almost identical to those posted by Nancy King above. The exceptions being these to lines:

I gave her my gold and I gave her my cattle (5th verse)

Now I sit alone in that place called The Spider (7th verse)

These are sung very clearly and I think make enough sense to be trusted.

By the way, Skip Gorman sang with the Deseret String Band at one time, and might be the singer on this recording.