Thanks Snuffy, when I just a moment ago listened to the song again with your suggestions before me, most of them made sense to me.
The one I am still unsure is the Graisha Matta Ball. Is this a real name of an event or is it a transcription of what you think you hear without it makeing any sense?
Btw, My recording of the song is by the Grehan Sisters as well, but it is on a different CD. Mine is a double CD called Irish Folk Favourites with recordings of The Dubliners, Kilfenora Ceili Band, Sweeney's Men, Grehan Sisters, Finbar and Eddie Furey and Mick Moloney.