Green’s Dictionary of Slang

rag-and-bone n.2

[? lost rhy. sl.]

a woman.

[US](con. 1918) E.W. Springs Rise and Fall of Carol Banks 200: The place was full of them, each with a little rag-and-bone. [Ibid.] 253: ‘What’s his taste in rags-and-bones?’ ‘Indifferent. He used to be rather naive. His idea of finesse was to bow politely when he met a lady.’.