I do now have the CD, though I have not yet had time to listen to it. Given the two versions already posted here, I hope Phil wouldn't object to my posting the authoritative (?) words from the CD booklet.

It took sixteen days to cross from Cape Sierra Leone,
Sailing out of London we were sixty days from home,
Watches they were ended, the lads ashore for beer,
We made her nice and fast at the foot of Brooklyn pier.

Goodbye America, farewell New York town.
Your hard streets and concrete, they surely brought me down,
You courted me with tinsel and spent my money blind,
Adiose (sic) America I'm leaving you behind.

I'd read about America in a thousand magazines,
My mind was filled with images from a hundred picture screens,
She seemed like fairyland as night came falling down,
Riding in a taxi to the heart of New York town.

Goodbye America, farewell New York town.
Your hard streets of concrete surely brought me down,
You courted me with tinsel and spent my money blind,
Adiose America I'm leaving you behind.

Her fairy lights were neon strips, their warmth it wasn't much
Her castles in the air were cold to the touch,
Presents that she gave me they cost a lot of dough,
When the colour faded plastic it showed through.

Goodbye America, farewell New York town.
Your hard streets of concrete, they surely brought me down,
You courted me with tinsel and spent my money blind,
Adiose America I'm leaving you behind.

The ropes are singled up, we are loaded down with flour,
We're taking Pepsi-Cola to the port of Calabar,
Making down the Hudson we didn't seem to mind,
Adiose America I'm leaving you behind.

Goodbye America, farewell New York town.
Your hard streets of concrete, they surely brought me down,
You courted me with tinsel and spent my money blind,
Adiose America I'm leaving you behind.

It's remarkable how the folk process has been at work over a fairly short timescale.

Although I couldn't remember all of the words from the recording that I used to have, hence starting this thread, I am fairly sure of some of them, and those too have a few differences from the version in the CD booklet. This means either that that recording was of someone other than Phil or (I think more likely) that he himself made slight changes between that time (1970-ish) and the 1991 date of the CD. The most significant is "Sailing out of London" where I think the old recording had "On a voyage out of Liverpool".