Here is what I remember of the version my mother sang to me when I was a young-un. It's been heavily folk-processed, I think. (Does Ronco make folk-processors? Slices, dices, makes mounds of julienne lyrics?) Ahem. Anyway:

Fell from a window, a second-story window
Stubbed my eyebrow on the windowsill
Go get an axe, there's a flea in Lilly's ear
And a boy's best friend is his mother

Lookin' through the knothole on Grandpa's wooden leg
Who will wind the clock when I am gone?
Go get a flea, there's an axe in baby's ear
And a boy's best friend is his mother

Sittin' on a buzzsaw, a rotatin' buzzsaw
Why is the ocean near the shore?
(I forget this line; sorry)
And a boy's best friend is his mother

Alex