1 lb. Velveeta cheese
2 sm. cans pet milk
1 c. chopped nuts
1 c. Kraft mayonnaise
1 c. sliced stuffed olives
1 med. onion, chopped

Cut cheese into small pieces; set aside. Heat milk and add cheese. Cook until cheese is melted, but do not let boil. Add remaining ingredients and stir gently. Makes a big bunch. Can be frozen.