CHOCOLATE PEANUT CLUSTERS

1 (12 oz.) package semi-sweet chocolate morsels
1 (14 oz.) can Eagle Brand Sweetened Condensed Milk
2 cups oven-toasted rice cereal
1 cup peanuts

In top of double boiler, melt morsels over boiling water; stir in sweetened condensed milk. Remove from heat; stir in cereal and peanuts.

Drop by teaspoons onto waxed-paper-lined baking sheets; chill 2 hours or until firm.

Store at room temperature in loosely covered container.

Makes about 2 pounds or 48 candies
From: Recipelink.com
Source: Recipe booklet: They'll Love It! Easy Taste Treats with Sweetened Condensed Milk, Borden, Inc., 1976