Chorus:
Ally Bally Ally Bally Bee
Sittin' on your mammy's knee
Greetin' for a wee bawbee (greetin' - crying; bawbee - 
halfpenny)
Tae buy some Coulter's candy

Ally Bally Ally Bally Bee
When you grow up you'll go to sea
Makin' pennies for your daddy and me
Tae buy some Coulter's candy

Mammy gie's ma thrifty doon (thrifty - money box)
Here's old Coulter comin' roon' 
Sellin' Coulter's candy

Puir wee Annie, greetin' tae (puir wee - poor little)
What can puir wee mammy dae
Gie them a penny atween them twae
Tae buy some Coulter's candy

Puir wee Jeannie, she's lookin' awfu' thin
A rickle o' bones covered ower wi' skin (rickle - bundle)
Noo she's gettin' a wee double chin
Sookin' Coulter's candy