Fannie Mae Caramels Recipe

4 cups sugar
2 cups light corn syrup
14 ounce can sweetened condensed milk
1 1/2 cups milk
1 cup whipping cream
1 cup butter
2 teas. vanilla
2 cups chopped walnuts or pecans|Lightly grease a 9″ by 13″ baking pan. In a large sauce pan, combine
sugar, corn syrup, condensed milk, milk, cream and butter. Place over
medium heat and stir occasionally with a wooden spoon until it comes
to a boil. Attach a candy thermometer and continuously stir until
temperature reaches 240F. Remove immediately and stir in vanilla and
nuts. Pour into baking pan and allow to cool completely before cutting.
Cut into desired serving pieces. They can also be dipped in chocolate
that has been melted in a double boiler. Dip one at a time and allow
chocolate to harden.

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