Melt in bowl 1 stick butter. Add to butter, horseradish, Worcestershire sauce, liquid smoke, Tabasco, onion powder, garlic powder, seasoned salt, and celery salt.

Mix in large baking pan Rice Chex, Corn Chex, Wheat Chex, mixed nuts or pecans and peanuts, and pretzels or Cheerios; pour spice and butter over cereal. Bake 45 minutes in 275 degree oven. Stir every 10 minutes. Drain in paper towel.