The Collaborative International Dictionary of English v.0.48:

Spool \Spool\ (sp[=oo]l), n. [OE. spole, OD. spoele, D. spoel;
   akin to G. spule, OHG. spuola, Dan. & Sw. spole.]
   A piece of cane or reed with a knot at each end, or a hollow
   cylinder of wood with a ridge at each end, used to wind
   thread or yarn upon.
   [1913 Webster]

   Spool stand, an article holding spools of thread, turning
      on pins, -- used by women at their work.
      [1913 Webster]