He gazed for what seemed an age, before drawn almost against his will, he stole from the shadow of the doorway, across the floor to the nearest edge of the mounds of treasure. Above him the sleeping dragon lay, a dire menace even in his sleep. He grasped a great two-handled cup, as heavy as he could carry, and cast one fearful eye upwards. Smaug stirred a wing, opened a claw, the rumble of his snoring changed its note.
Then Bilbo fled. But the dragon did not wake — not yet but shifted into other dreams of greed and violence, lying there in his stolen hall while the little hobbit toiled back up the long tunnel. His heart was beating and a more fevered shaking was in his legs than when he was going down, but still he clutched the cup, and his chief thought was: “I’ve done it! This will show them. ‘More like a grocer than a burglar’ indeed! Well, we’ll hear no more of that. ”
Nor did he (он этого больше и не услышал). Balin was overjoyed to see the hobbit again (Балин очень обрадовался, увидев хоббита снова;
It was midnight (была полночь) and clouds had covered the stars (и облака закрыли звезды), but Bilbo lay with his eyes shut (но Бильбо лежал с закрытыми глазами), gasping (ловя воздух) and taking pleasure in the feel of the fresh air again (и получая удовольствие от ощущения снова свежего воздуха), and hardly noticing the excitement of the dwarves (и едва замечая волнение/возбуждение гномов), or how they praised him (и то, как они его хвалили) and patted him on the back (и хлопали его по спине) and put themselves (и обещали: «помещали, располагали» себя) and all their families (и все свои семейства) for generations to come (в грядущих поколениях: «на поколения, что прийдут») at his service (к его услугам).
The dwarves were still passing the cup from hand to hand (гномы все еще передавали чашу из рук в руки) and talking delightedly of the recovery of their treasure (и говорили обрадовано о получении вновь своего сокровища), when suddenly a vast rumbling woke in the mountain underneath (когда внезапно грандиозный шум проснулся в нижней части горы) as if it was an old volcano (словно старый вулкан) that had made up its mind (который решил) to start eruptions once again (снова начать извержение;
overjoyed [ˌǝʋvǝˈdʒɔɪd] excitement [ɪkˈsaɪtmǝnt] beneath [bɪˈni: Ɵ]