Hi everyone,
I found a Gloria Pitzer recipe for this while reading online newspaper food sections a week or two ago. (One of my very favorite computer hobbies is to read online newspaper food sections!) The newspaper had an interview with her, and also reprinted several of her most popular recipes. It was really interesting reading! This is the only recipe for Sanders Hot Fudge that was given in the article, though. Sanders Hot Fudge Imitation Recipe
    Pitzer says of all her recipes, she gets requests for this one the most.

    1 (14-ounce) can Eagle Brand Milk
    14 ounces Karo Syrup, light
    12 ounces Nestle’s Milk Chocolate chips (not the semisweets)
    1/4 pound butter

    Combine ingredients in top of double boiler over simmering water and stir until chocolate melts.

    Continue to cook and stir a few times for 30 minutes. Remove from heat, then beat with a mixer until smooth.

    Cool, pour into jar, then tightly cap. Refrigerate.

    Per 2 tablespoons, makes 32 servings.

Per serving: 153 calories; 7 g fat (4 g saturated fat; 41 percent calories from fat); 23 g carbohydrates; 12 mg cholesterol; 68 mg sodium; 1.8 g protein; 0 g fiber.