Small Lace Bag [corrections added]

UPDATE: PDF download available now

My newest pattern! Shh! It's for SP12. I'm hoping that she doesn't spot it, otherwise I'm done!

The stitch pattern for the lace is taken directly from the Big Book of Knitting Stitch Patterns

Front
Cast on 25 stitches and knit five rows of garter stitch (knitting in both directions)
Knit 3 repeats of the pattern.
Knit 5 rows of garter stitch.
Eyelet Row: k6, yo, k2tog, [k4, yo, k2tog] repeat to last 4 stitches, k5. (3 eyelet holes)
Knit 4 more rows of garter stitch.
Bind off.

Back
Cast on 25 stitches and knit five rows of garter stitch
Knit 24 rows of stocking stitch (knit on the right side, purl on the wrong side)
Knit 5 rows of garter stitch.
Eyelet Row: [k3, yo, k3tog] repeat to end (5 eyelet holes)
Knit 4 more rows of garter stitch


Stitch Pattern:
Sl-k-psso : slip one stitch as if to purl, knit one stitch, pass the slipped stitch over the one you just knit.
p2togtbl : purl two stitches together through the back loops

1. p2, k7, k2tog, yo, k1, yo, p1, yo, k1, yo, sl-k-psso, k7, p2


2. k2, p6, p2togtbl, p3, k1, p3, p2tog, p6, k2


3. p2, k5, k2tog, k1, (yo, k1) twice, p1, k1, (yo, k1) twice, sl-k-psso, k5, p2


4. k2, p4, p2togtbl, p5, k1, p5, p2tog, p4, k2


5. p2, k3, k2tog, k2, yo, k1, yo, k2, p1, k2, yo, k1, yo, k2, sl-k-psso, k3, p2


6. k2, p2, p2togtbl, p7, k1, p7, p2tog, p2, k2


7. p2, k1, k2tog, k3, yo, k1, yo, k3, p1, k3, yo, k1, yo, k3, sl-k-psso, k1, p2


8. k2, p2togtbl, p9, k1, p9, p2tog, k2

To make up:
Seam sides of bag.
Thread a length of ribbon through the eyelets in a manner which pleases you.
Pop some cedar balls in to protect your stash!
If you wanted to use lavender instead, I’d recommend lining the bag.