Since the song is an infant lullaby, it doesn't need many verses. You just sing the same damn verses over and over until the baby falls asleep from boredom, or you fall asleep from exhaustion. However, I like to add the following (original) verse:

Oh this is the day we give babies away
With a half a pound of tea
If you've got the feeling you'd like some Darjeeling
We'll throw it in for free

Jacob (father of an infant who sleeps very well, thank God)