1/2 c. sugar
1 c. water
1 c. grapefruit juice
1/2 c. orange juice
1/4 c. grenadine syrup
1 (1 pt., 12 oz.) bottle ginger ale, chilled
Twists of lemon peel
Stems-on maraschino cherries

Combine sugar and water in saucepan; simmer uncovered, stirring constantly, until sugar is dissolved, about 3 minutes. Cool. Mix with fruit juices and grenadine syrup in punch bowl. Chill.