I heard this version (tune similar to the recording) in the Guildford/Godalming area about twenty years ago.

Down By the Old Mill Stream

        Let's go out tonight, tonight,
        The moon is shining bright tonight.
        I see a twinkle in your eye - aye aye aye
        Everybody's watching us, they're watching you and I
        Let's go round the corner and 'ave a bit on the si...
        Aye aye, tiddly aye aye aye . . .

He took her gathering roses,
Roses? Roses
Down by the old mill stream, aye aye aye
But while they were gathering roses
He took off all her clotheses
Down by the old mill stream.

        Let's go out tonight, tonight,
        The moon is shining bright tonight.
        I see a twinkle in your eye - aye aye aye
        Everybody's watching us, they're watching you and I
        Let's go round the corner and 'ave a bit on the si...
        Aye aye, tiddly aye aye aye . . .

He took her gathering nuts in May,
Nuts in May? Nuts in May
Down by the old mill stream, aye aye aye
But instead of gathering nuts in May
He put her in the family way
Down by the old mill stream.

        Let's go out tonight, tonight
        The moon is shining bright tonight.
        I see a twinkle in your eye - aye aye aye
        Everybody's watching us, they're watching you and I
       Let's go round the corner and 'ave a bit on the si...
       Aye aye, tiddly aye aye aye . . .