From the pattern:

An evening sweater that’s glamour plus. The plus is the wool from which you will knit it and by which you’ll be cosy as a kitten while your sisters sit and shiver. The wool evening sweater is the smartest idea the world’s fashion-setters have had in a long time. And this one is something special. Designed to make the most of your figure, it has its full quota of new features - U-shaped neckline, cap sleeves, and slinky, sophisticated lines (thanks to wool). Better still, this sweater has many roles. You can wear it over or under a long skirt or a short skirt. It can scintillate with sequins or paillettes. It can be richly embroidered, appliquéd with gold or silver kid, studded, or starred with rhinestones. And a sweater like this is a wonderful setting for diamante dress clips. We give you some ideas how to decorate it, there are lots more you can think of. That’s why it’s a sweater “as you like it.” No need to tell you, others will. But remember, make it in wool because, as Madame Schiaparelli said : “Nothing can take the place of real wool.”

Yarn: 6 oz. of the suggested yarn (sold in 1 oz. increments).