1Line a loaf pan with foil and butter well;set aside.
In a heavy bottomed saucepan, melt the butter and add the sugar,
Cook over low heat for 2 minutes;stirring constantly.
2Increase the heat to medium and add the milk; continue to cook and stir,until the mixture comes to a boil.
Remove from the heat and let cool for 35 minutes.
Gently stir in the powdered sugar a little at a time until the mixture is like fudge. Stir in the nuts.
3Spread in prepared buttered 9x5 inch loaf pan. Chill;and cut into squares.