Sounds like a variant of a song recorded by Scrapper Blackwell and Black Bottom MacPhail in the 20's. It's on a Yazoo recording called Scrapper Blackwell, Virtuoso Guitar. Here's their lyrics:

DOWN IN BLACK BOTTOM

Now down in Black Bottom, that is so they say,
They drink good moonshine and stay drunk all day.

CHORUS: I'm crazy about Black Bottom mmmm, so they say.
That's where they drink good moonshine and stay drunk all day.

Yes, I went down in Black Bottom. I didn't go to lay down the law.
Police brought me out by my right arm.
I'm goin' back down in Black Bottom, mmmm, so they say.
That's where they drink good moonshine and stay drunk all day.

Now if you go down in Black Bottom and you don' know the rules,
Black Bottom women will try to make a fool of you. (Chorus)

If you go down in Black Bottom, put your money in your shoes.
Lord, them Black Bottom women will give your pockets the blues. (Chorus)

Now if you go down in Black Bottom, put your money down in your britches,
'Cause them women's goin' to rob you now, you dirty mmm-mmm. (Chorus)

Now if anybody asks you who com-pose this song,
Tell them some snake bottom buddy's done been here and gone.
He's down in Black Bottom mmmm, so they say.
That's where they drink good moonshine and stay drunk all day.

HTML line breaks added. --JoeClone, 12-Feb-03.