1 (6 oz.) pkg. chocolate chips
1 (6 oz.) pkg. butterscotch chips
1 can Eagle Brand condensed sweetened milk
walnuts, chopped
maraschino cherries

In the top of a double boiler, melt chips with milk; cook until thick. Remove from heat and add nuts. Stir and mix well. Place in refrigerator and chill about 1 hour. Drop by tablespoon to form a ring. Decorate with nuts and cherries.