Here's a cute little acorn hat for your newborn that is cozy as all get out and super quick to knit up. This pattern uses less than half a skein of each yarn colour.
Newborn Nutbrown Acorn Hat
Main colour (mc): Loops & Threads Cozy Wool in Barley
Contrast Colour (cc): Loops & Threads Cozy Wool in Chocolate
5mm double pointed needles (dpn's)
3stitches and 5 rows = 1 inch in moss stitch
dpn's-double pointed needles
k2tog-knit two together
p2tog-purl two together
With the main colour (Barley) cast on 40st evenly on the 5mm dpn's. Join in a circle, placing a st marker at the beginning.
Do 2 rows of k1,p1 ribbing.
Knit 4 rows of stockinette stitch.
Switch to contrast colour (chocolate) and knit one row.
Begin moss st and knit until the contrast colour portion measures 2 inches.
(Moss stitch pattern is k1,p1 for one row. The next row is p1,k1, making sure that you purl over a knit, and knit over a purl.)
Making sure that the next row begins with a knit stitch:
Row 1: *k1,p1,k1,p1,k2tog* repeat 8 times
Row 2: *p1,k1,p1,k1,p1* repeat 8 times
Row 3: *k1,p1,k1,p2tog* repeat 8 times
Row 4: *p1,k1* repeat 8 times
Row 5: *k1,p1,k2tog* repeat 8 times
Row 6: *p1,k1,p1* repeat 8 times
Row 7: *k1,p2tog* repeat 8 times
Row 8: *p1,k1* repeat 8 times
Row 9: *k2tog,p2tog* repeat 4 times
Cut a 15inch tail and thread onto a needle. Pull through the remaining 8st on the needles, draw the circle closed and secure inside. Bring yarn up through the centre to the top of the hat. With 1 dpn, pick up 3st in centre of the hat and knit an i-cord about 1.75inches long. Bind off. Weave in all ends.