1 1/2 c. sugar
1 1/2 c. light Karo syrup
1 c. butter
1 1/2 tsp. vanilla
1 c. unsweetened coconut
1 (17 oz.) Rice Chex cereal
1 c. dry roasted peanuts

Boil first three ingredients for two minutes. Stir in the vanilla. Pour over the remaining ingredients and mix well. Dry on waxed paper if desired.