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.