This parody seems to be based on the version recorded by Harry Belafonte, called JUMP DOWN, SPIN AROUND, from "Belafonte" (1956)


JUMP DOWN, SPIN AROUND (PICK A DRESS O' COTTON)
As recorded by Allan Sherman on "My Son, the Folk Singer" (1962)

{Gotta jump down, spin around, and pick a dress o' cotton.
Gotta jump down, spin around, and pick a dress o' wool.} 4x

Grab those bargains off those racks.
Who needs Bergdorf? Who needs Saks?

{Gotta jump down, spin around, save a dollar eighty.
Gotta jump down, spin around, save a lot o' dough.} 2x

Here's what I've been searching for:
A genuine copy of a fake Dior.

{Gotta jump down – take it off the rack.
Gotta jump down, spin around, try it on your back.}

Here's a size eight I could fix.
Gotta let it out to forty-six.

{Little Shirley jumped down, took one off a hanger.
Little Rose jumped down, grabbed it right away.}

See how this one looks on me.
Just like Jackie Kennedy. (It does?) Yeah!

{Gotta jump down, spin around, and pick a dress o' cotton.
Gotta jump down, spin around, and pick a dress o' wool.} 2x


[I have simplified the above arrangement quite a bit. There is a lot of variation in the way various phrases are grouped together and repeated, and it seemed like too much trouble to transcribe it exactly. It is sung by Allan Sherman with several female backup singers.]