2 cups sugar
1 cup evaporated milk
24 Kraft caramels
1 1/2 cups chocolate chips
1 teaspoon vanilla
1 pound salted peanuts

Heat sugar and milk; add caramels, after caramels have melted, boil 4 minutes. Remove from heat, add chocolate chips, stir. Add vanilla and peanuts. Drop by teaspoonfuls onto waxed paper. WORK QUICKLY.

Makes 5 to 6 dozen.