"Whilst residing with Beorn, Bilbo also hears the dwarves sing.[Though it is not mentioned here whether these verses are of the same song as heard before, it follows the same form, and mentions, though briefly, both the Lonely Mountain and "the dragon's lair" and thus it is widely considered to be so."
The wind was on the withered heath,
but in the forest stirred no leaf:
there shadows lay be night or day,
and dark things silent crept beneath.
The wind came down from mountains cold,
and like a tide it roared and rolled;
the branches groaned, the forest moaned,
and leaves were laid upon the mould.
The wind went on from West to East;
all movement in the forest ceased,
but shrill and harsh across the marsh
its whistling voices were released.
The grasses hissed, their tassels bent,
the reeds were rattling--on it went
o'er shaken pool under heavens cool
where racing clouds were torn and rent.
It passed the Lonely Mountain bare
and swept above the dragon's lair:
there black and dark lay boulders stark
and flying smoke was in the air.
It left the world and took its flight
over the wide seas of the night.
The moon set sail upon the gale,
and stars were fanned to leaping light.
"After slaying Smaug and reclaiming the Lonely Mountain, yet another new form of the song is sung."
Under the Mountain dark and tall
The King has come unto his hall!
His foe is dead, the Worm of Dread,
And ever so his foes shall fall.
The sword is sharp, the spear is long,
The arrow swift, the Gate is strong;
The heart is bold that looks on gold;
The dwarves no more shall suffer wrong.
The dwarves of yore made mighty spells,
While hammers fell like ringing bells
In places deep, where dark things sleep,
In hollow halls beneath the fells.
On silver necklaces they strung
The light of stars, on crowns they hung
The dragon-fire, from twisted wire
The melody of harps they wrung.
The mountain throne once more is freed!
O! wandering folk, the summons heed!
Come haste! Come haste! across the waste!
The king of friend and kin has need.
Now call we over the mountains cold,
‘Come back unto the caverns old’!
Here at the Gates the king awaits,
His hands are rich with gems and gold.
The king is come unto his hall
Under the Mountain dark and tall.
The Worm of Dread is slain and dead,
And ever so our foes shall fall!
In The Lord of the Rings: The Fellowship of the Ring, verses of this song is heard. During Frodo and company's brief stay at Crickhollow before leaving the Shire, a song sung by Merry and Pippin is described as "made on the model of the dwarf-song that started Bilbo on his adventure long ago, and went to the same tune.»
Farewell we call to hearth and hall!
Though wind may blow and rain may fall,
We must away ere break of day
Far over the wood and mountain tall.
To Rivendell, where Elves yet dwell
In glades beneath the misty fell,
Through moor and waste we ride in haste,
And whither then we cannot tell.
With foes ahead, behind us dread,
Beneath the sky shall be our bed,
Until at last our toil be passed,
Our journey done, our errand sped.
We must away! We must away!
We ride before the break of day!