The arrangement of this song suggests that it’s trying to recreate the spookiness of “[Ghost] Riders in the Sky.” My transcription from the recording on the Internet Archive:


LIGHTHOUSE
Words and music by Jim Lowe.
As recorded by Rusty Draper (with the Jack Halloran Singers, and with orchestra conducted by David Carroll), on Mercury 70188, 1953.

I don’t know where I came from and I don’t know where I’ve been.
I’ve lived all my life in the rollickin’ sea, I guess since time began.

I recall the Flyin’ Dutchman, the Mayflower and the Maine,
And along about five hundred years ago, I saw three ships from Spain.

My castle is the lighthouse; my kingdom is the sea.
I rule all alone in the middle of the night and no one cares for me. (And no one cares for me.)

I can see the Vikings, their sails so white and clean.
The skull and bones and old Davy Jones are sights that I have seen.

I recall the great Titanic; my light she couldn’t see,
And along about mornin’ I heard the strains of “Nearer, My God, to Thee.”

And once I had a sweetheart I still recall with joy.
We loved all alone in the rollickin’ sea when I was but a boy.

But the poundin’ surf and trade winds were jealous as can be,
And along about nine hundred years ago, they took my love from me. (They took my love from me.)

But I cannot forget her, my lady from above.
When you see my light in the blackness of the night, I’m searchin’ for my love.

I’m searching for my love.