2 c. sugar
1 c. light corn syrup
1/2 c. water
1 c. butter
2 c. raw or roasted peanuts
1 tsp. baking soda

In 3 quart saucepan, combine sugar, corn syrup and water; cook and stir until sugar dissolves. Bring to boiling; blend in butter. Stir frequently after mixture reaches syrup stage (230 degrees). Add nuts when temperature reaches soft-crack stage (280 degrees); stir constantly until mixture reaches hard-crack stage (305 degrees). Remove from heat; quickly stir in soda, mixing thoroughly.