Revisiting an old thread - finally found a loose translation - here it is:

It was small a merchant
Lon lon it which said is love?
It was small a merchant
Rolling its goods.

Went itself from there in a borough
Where there were 3 girls
In here one, here are two
Here prettiest.

It folded it, it folded up it
Put in its bag
The mother as soon as that it had left
Put itself at its continuation.

That you thus have there, small marcelot
What do you in your bag have?
I have knives, I have birds
Many other goods.


You lied me, small marcelot
It is one of my daughters
You will make it small marcelot
Where you will lose the life
As long as I will have my sabre in hand
I will defend my crumb!