With a little prodding from my dad, my grandmother sang this song. She used to sing this to me when I was a little girl, and I was amazed that she could remember all the words.... they go like this:
Well, I went to the beanery and I walked around the block
And I walked right into a bakery shop
And I picked three donuts out of the grease
Handed the man a five-cent piece
Well, he looked at the nickle and he looked at me
And he said, "Kind sir, can't you plainly see? There's a hole in your nickle and it's all the way through"
Says I, "There's a hole in your donut too!"