GNU Collaborative International Dictionary of English

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Found one definition

1.       
   Sinker (?), n. One who, or that which, sinks. Specifically: (a) A weight on something, as on a fish line, to sink it. (b) In knitting machines, one of the thin plates, blades, or other devices, that depress the loops upon or between the needles.
   
   [1913 Webster]
   
   Dividing sinker, in knitting machines, a sinker between two jack sinkers and acting alternately with them. -- Jack sinker. See under Jack, n. -- Sinker bar. (a) In knitting machines, a bar to which one set of the sinkers is attached. (b) In deep well boring, a heavy bar forming a connection between the lifting rope and the boring tools, above the jars.
   
   [1913 Webster]