sraddhaya vakyam devarser
sraddhaya-keeping faith; vakyam-in the words; devarseh-of the great sage Narada; harsa-vegena-by great satisfaction; dharsitah-overwhelmed; varta-hartuh-with the messenger who brought the news; atipritah-being very satisfied; haram-a pearl necklace; pradat-offered; maha-dhanam-very valuable.