This pattern looks like it is going to be almost impossible to figure out what to crochet on these booties (in more rounds than one). First of all, it doesn't give stitch counts at the end of any of the rounds on the shoes/booties. Second, it doesn't say exactly where to work the 8 increases in round 2 (I'm sorry, but they are rounds, not rows). And was "baby yarn" the same in those days as it is today? If the yarn and hook you're using aren't the same as the pattern, these booties may end up fitting a child instead of a baby. Oh, there is no gauge or finished size for the booties in this pattern, either.
I have 3 baby booties leaflets that I would recommend using. If you want to make the booties with yarn, then check out "Prescious Baby Booties" by Carolyn Christmas. It is #874050 by Annie's Attic. There are 12 styles of booties in this leaflet and it retails for only $5.99. If you'd like to make the booties out of thread instead of yarn, one of these 2 leaflets might be what you want: "Bootie Collection", #3052 or "Booties by the Dozen", #3243, both by Kay Meadors and publsihed by Leisure Arts. They each retail for around $5-$7 and contain 10-12 bootie designs in each leaflet. If you can find any of these leaflets at your local craft store and use a coupon, you can buy them for less than retail. You will be much better off using a newer pattern than trying to decypher this old pattern. I have made 2 or 3 pairs of booties from the "Booties by the Dozen" book and they each came out wonderul!
I wish you the best of luck in your quest to make a pair of beautiful baby booties for your friend's "miracle baby girl".