Don't let the name of this yarn turn you away.  It may be soft like a cleaning rag (what's that?), but your knitted piece will look like a million dollars made with this ribbony rag.  Content is 44% cotton, 44% acrylic and 12% polyamide.  Put up is 50 g, 68 yds.  Gauge is 3 sts. to 1" on size 10 needle.