re your translations above...

Cuddys Houghs (pronounced Huffs) = donkeys backside. Newcastle equivalent of "Rough as a badgers a**e". To "Cruck yer Houghs" is to sit down.

Haigh-lowed = heavily seamed or furrowed, wrinkled in this context

The song is a morality tale of sorts as shoemakers were considered a very poor catch as a husband.