The Legend of Zelda: Items

Bait
How to get it: Can be purchased in several shops throughout hyrule.
Description: Use to put enemies' minds on something else. Useful when surrounded by enemies. Doesn't work for all. Needed to get past a goblin who chants "gumble, grumble.." to access the seventh level.

Rings
Description: Decreased damage taken and changes tunic color.

Blue Ring How to get it: Can be purchased from a shop in Hyrule for 250 rupees. Description: Decreased the damage from the attacks of enemies by a half and changes your tunic color to blue.
Red Ring How to get it: Found in ninth dungeon. Description: Decreased the damage from the attacks of enemies by a fourth and changes your tunic color to red.

Bombs
How to get them: Can be found all over Hyrule.
Description: Just like in all of the other Zelda games, there are bombs, but in this one, there are only 8 (until you upgrade), so use them sparingly!

Boomerang
How to get them: Can be found in the first dungeon.
Description: Throw it, it comes back to you. Kills the weaker enemies and stuns many of the larger ones.

Magic Boomerang How to get them: Can be found in the second dungeon Description: Upgrade of the original boomerang.

Bow
How to get it: Found in the basement of the first dungeon.
Description: Another familiar item. Kills many enemies, but costs a rupee for each arrow you shoot.

Arrows How to get them: Can be found throughout Hyrule or purchased in shops. Description: Needed to use the Bow

Candles
Description: Can be used to burn down bushes, which sometimes reveal secret passages.

Blue Candle How to get it: Can be purchased from numerous shops. Description: Can only be used once per screen.
Red Candle How to get it: Can be found in the seventh dungeon. Description: Doesn't have the limit of the Blue Candle.

Clock
How to get it: Sometimes appears after defeating enemies.
Description: Makes all on-screen enemies freeze.

Compass
How to get it: Can be found in each dungeon.
Description: Yet another familiar item. It is used to locate the location of the fragment of the triforce in that particular dungeon.

Fairy
How to get it: Can be released after defeating some enemies.
Description: Restores your life meter.

Heart
How to get it: Can be recovered after defeating certain enemies (chosen randomly).
Description: Basic unit on your life meter

Heart Container How to get it: Can be found throughout hyrule. Description: Holds hearts. You start out with 3 at the beginning of the game.

Keys
How to get it: Can be found in each dungeon.
Description: Needed to open locked doors.

Magic Key How to get it: Found in the 8th dungeon. Description: Opens each dungeon and can be used over and over again.

Ladder
How to get it: Found in level four
Description: Can be used to cross bodies of water as wide as yourself.

Letter
How to get it: Given to you by the old man in the cave to the norteast of Hyrule.
Description: Needed to get the water of life.

Magic Book
How to get it: Teaches Link spells that upgrades his Magic Wand (below).
Description: Found in the eighth dungeon.

Magic Wand
How to get it: Found in the sixth dungeon.
Description: With this, Link can shoot out a beam of magic.

Map
How to get it: Can be found in each dungeon.
Description: Helps you find your way around of the numerous dungeons.

Power Bracelet
How to get it: Found underneath an Armos statue in Hyrule.
Description: Allows Link to lift the heavier things in the game

Raft
How to get it: Found in the third labyrinth
Description: Needed to cross the sea to reach the next level.

Rupees
How to get it: Found all over Hyrule
Description: Can be used to purchase items.

Shield
How to get it: You start out with it
Description: Your primary defensive weapon.

Magical Shield
How to get it:
Description: Can deflect spells/magic.

Swords
Description: Your primary offensive weapon.

Magical Sword (Master Sword) How to get it: Can be found in the graveyard. Description: Inflicts four times as much damage as the Wooden Sword (below).
Wooden Sword How to get it: In the cave north from where you start. Description: Primary sword in the game.
White Sword How to get it: At the top of the waterfall near the lost hills. Description: You will need 5 heart containers to use this sword. Twice as long as the Wooden Sword and inflicts twice the damage.

Triforce Shards/Pieces
How to get it: Found in every dungeon.
Description: Needed to access the last dungeon. 8 in all.

Whistle
How to get it: Found in the fifth dungeon.
Description: Needed to defeat the boss of the fifth dungeon.