1 can sweetened condensed milk
1 stick butter
1 bag Kraft caramels
Lg. size marshmallows
Rice Krispies

Melt together in top of double boiler the condensed milk, butter and caramels. Don't boil water in bottom pan. Stir until well mixed. Dip marshmallows in this mixture then roll in Rice Krispies. This recipe makes about 40 balls. If mixture gets too thick at bottom, thin with a little cream.