Fannie Mae Caramels
2 Cups light corn syrup
1(14 oz) can sweetened condensed milk
1-1/2 Cups milk
1 Cup whipping cream
1 Cup butter
4 Cups sugar
2 teaspoons vanilla
2 Cups nuts (walnuts)
Tempered dipping chocolate if preferred or wax paper cut into rectangles
Butter a 9X13 baking pan.
In heavy 6 quart Dutch oven, combine sugar, corn syrup, condensed milk,
milk, cream and butter. Place over medium heat and stir occasionally with
wooden spoon until comes to boil. Clip on candy thermometer. Cook stirring
constantly until reaches 240 degrees or soft ball stage.
Remove from heat. Stir in vanilla and nuts.
Pour without scraping into pan. Allow to stand overnight.
Cut into 1-inch rectangles or squares. Wrap in wax paper or dip in
chocolate.