Joe, I'm not sure, that Child #286 and "Sailing in the Lowlands Low" (author: P.J. McCall, air: trad.) are more than superficially related.

Timmy, if the song you mean is the one starting "Dunmore we quitted, Michelmas gone by..." then the line you are asking for goes: "cowhides and woll and live(!) cargo" (source: J.N.Healy, Irish Ballds and songs of the sea). How about posting the complete lyrics?

Wolfgang