From N IL and learned at Girl Scout camp in NW WI in the mid 70s, but my version had a wishing well. Does anyone remember it with a wishing well?

Down in the valley
There is a wishing well
By the old oak tree
And in the wishing well
There is a spider's web
That my love told me

(Chorus)

Maybe the lyrics aren't nearly as important as the fact that so many of us had this shared experience at GS camp that so captivated us that decades after the fact we not only chase down the lyrics but we have been teaching the parts we remembered to our children. I was 10 when I first went to Camp Chapman Hills in East Troy, WI, and this summer I will be taking my 10-year-old daughter and the 17 other girls of my troop there and you know I will be teaching them this song. Thank you for supplying the rest of the lyrics, even if they weren't exactly how I remembered them. Now if I only learned to play guitar... :)