[62-*] In rows like this always keep the cotton before in slipping a stitch.
Cast on 2 stitches; knit them. 3rd row, knit 1 stitch, increase a stitch at the back of the first stitch, knit the 2nd and increase again. 4th row, plain knitting. 5th row, knit 2, stitches, increase 1 in the 2nd, increase again in the 3rd, knit the 4th. 6th row, plain knitting. 7th row, knit 2 stitches, increase 1, knit 2, increase 1, knit 2. 8th row, knit 3, purl 2, knit 3. Knit 3, increase 1, knit 2, increase 1, knit 3. Knit 4, purl 2, knit 4. Knit 3, increase 1, purl 1, knit 2, purl 1, increase 1, knit 3. Knit 5, purl 2, knit 5. Knit 3, increase 1, knit 2, purl 2, knit 2, increase 1, knit 3. Knit 4, purl 2, knit 2, purl 2, knit 4. Knit 3, increase 1, purl 1, knit 2, purl 2, knit 2, purl 1, increase 1, knit 3. Knit 5, purl 2, knit 2, purl 2, knit 5. Knit 3, increase 1, purl 2, knit 2, &c. increasing before the last 3. Knit 3, purl 1, knit 2, purl 2, &c. Continue to increase 2 stitches every other row until there are 72, knitting and purling the stitches so as to make them lay in ribs; decrease as you increased, ending with 2 stitches, knit them together.
Cast on 74 stitches. Knit 6 rows. The first stitch in every row is always slipped. Knit 2 stitches, decrease 1, bring the cotton forward slip a stitch, knit 2, pull the slipped stitch over the 2 knitted, bring the cotton forward, slip a stitch, knit 2, pull the slipped stitch over the knitted; repeat these stitches until only 4 are left on the left hand needle, decrease 1 and knit the 2 last. Knit 3 stitches, purl 66, knit the 3 last. Knit 2, decrease 1, knit 1, bring the cotton forward, slip a stitch, knit 2, and pull the slipped stitch over the knitted, repeat these stitches until only 4 stitches are left on the needle, decrease, and knit 2. Knit 3, purl 64, knit 3. Knit 2, decrease 1, knit 2, bring the cotton forward, slip a stitch, knit 2, pull the slipped stitch over those which are knitted; repeat these stitches, as before, decrease and knit the 2 last. Knit 3, purl 62, knit 3. Knit 2, decrease 1, bring the cotton forward, slip a stitch, knit 2, pull the slipped over the knitted stitches, repeat these 3 stitches, bringing the cotton forward _before_ slipping the 1st; when only 4 are left decrease, and knit the 2 last. Knit 3, purl 60, knit 3. Repeat these alternate rows, decreasing 2 stitches every other row (taking care that the _first_ slipped stitch is immediately before the stitch which is over the hole) until only 6 stitches are left. Knit every row plain decreasing as before until only 2 stitches are left, knit them together and pass the cotton through the remaining stitch.