22 is pointed as shown by fig1 and 3 and also tapered to provide a gap 38 under the end portion 36 and above the dial plate 10 thus facilitating the displacement and wedging of yarn between the elastomeric member 22 and the plate 10 to retain the yarn in position when disengaged from the knitting instrumentalities the binder wire 24 may be bent slightly to position the elastomeric member 22 to the correct setting relative to the direction of yarn movement and to apply a selected amount of pressure on the dial plate 10 the binder member forward end pointed portion 36 should be positioned just off the dial 10 with the gap 38 diminishing or closing towards the heel portion 34 the elastomeric binder may be swiveled on the wire portion 32 to level it laterally with respect to the dial plate 10 the wire member 24 may be of various sizes and types and in a preferred embodiment has a diameter of approximately 0 020 inches the durometer hardness of the elastomeric element 22 may be within the range of 45 70 and in a preferred embodiment has a durometer hardness of 60 the room temperature vulcanized silicone rubber will not break down or harden when it comes in contact with oil and with heat generated by the knitting machine at any one time two or more yarns of various sizes or deniers may be clamped between the elastomeric member and dial plate at an one time the pliable surface of the member 22 permits the various sizes to be equally grasped fig4 6 illustrate another embodiment of the yarn binder mechanism of the invention the.