In a foundry somewhere in America (maybe 15th, 16th century), most likely northeast Americas, there was a foundry, a little boy and a big man.  'Twas probably a hook for hauling ore to the vat.  When da man burned it to almost unuseful the boy can have it.  What a cleaver boy, he  attaches a stock to the anchor shank.  And sure it is wood as that is the exact way of anchors on ancient Mariner ships on that day.  So the boy fastened and changed the hook to something useful, a toy.  He was proud, as was the man for now his boy may help in loading the ore.
Written by Downeaster 1635: Â In two places of the countrey specially, one about fourescore and the other sixe score miles from the Fort or place where wee dwelt: wee founde water side the ground to be rockie, which by the triall of a minerall man, was founde to holde Iron richly. It is founde in manie places of the countrey else. I knowe nothing to the contrarie, but that it maie bee allowed for a good marchantable commoditie, considering there the small charge for the labour and feeding of men: the infinite store of wood: the want of wood and deerenesse thereof in England: & the necessity of ballasting of shippes.
RAMiller in NH