This is a child's circular knitting machine, see http://www.amazon.co.uk/Character-Options-07525-Knitting-Machine/dp/B0001RFCI2 for a modern version. As you say, nothing like a daisy wheel, but hey, I've got this 'thing' and I've got some instructions, so they must belong together.
At least it's not listed as a lace bobbin. Jacquie In Lincolnshire - To unsubscribe send email to majord...@arachne.com containing the line: unsubscribe lace y...@address.here. For help, write to arachnemodera...@yahoo.com