At least two modern songs have allusions to this rhyme:

"Scarlet Begonias", by Robert Hunter and Jerry Garcia, has the following:

She had rings on her fingers and bells on her shoes,
And I knew without askin' she was into the blues

"The Flycatcher", by Roy Harper, has this verse:

As I walked over North Botley copse
I saw a fine lady ghost across the tops
With a ring on her finger and the winds on her toes
She can have music wherever she goes

T.