4 c. sugar
1 lg. can Carnation milk
1/2 lb. butter
1 c. marshmallow
1 1/2 pkg. Reeses peanut butter chips

In a heavy pot mix the sugar and milk. Mix together and cook 10 minutes, stirring constantly. In a large bowl mix the butter, marshmallow and peanut butter chips. Pour sugar and milk mixture over the ingredients in the bowl. Beat until it starts to thicken.

Prepare a 9 x 13 inch pan, grease it well with shortening. Line the greased pan with greased waxed paper. Pour the hot fudge mixture into this greased and lined pan. After the fudge has cooled, turn it out onto a board. Peel off the waxed paper and cut the fudge into squares.