Here is an incomplete version of the lyrics, just to keep the thread going. Please fill in the blanks and correct my mondegreens!
MADIGAN'S LOCK (Pete St. John)
Hey ho and up she rises O at Madigan's Lock.
CHORUS: At Madigan's Lock there's a rare old stock and they drink a magical brew made of dreams and air brain schemes that will make no sense to you. O the pub's a pub in any port (______________) never dock. [?] By a lost canal you never shall see the likes of Madigan's Lock.
If dreams were wishes and wishes were fishes we'd all go catch our share but dreamers seldom live their dreams cause dreams are hard to share and the daily strain upon the brain can be a terrible shock but it fades away at the end of day with a pint at Madigan's Lock.
chorus
If you can dream then join the team we'll all just sail away and by and large we'll toast our barge and not mind what they say. She's built of timber, made of hope, with a dream in every seam. We'll slip the dock for Madigan's Lock, we're sailing on a dream.
Hey ho and up she rises O at Madigan's Lock.
chorus
(c) Saint Music. - Transcribed by ear from the LP I mentioned above.