1 tb Butter/margerine
1/4 c  Finely chopped onion
1/4 c  Chopped green pepper
1 cn Condensed tomato soup
3/4 c  Milk
3 c  (3/4 lb) cheddar
-cheese--shredded
1/2 ts Worcestershire sauce
1    Egg--slightly beaten
1/4 c  Dry sherry

Toast or crackers

Melt butter in a saucepan over moderatelt low heat (about 225 F.); add
onion and green pepper and cook till tender; remove from heat. Mix in
tomato soup, milk, cheese and Worcestershire sauce. Cook, stirring
constantly, till cheese is melted. Remove from heat. Blend 1/2 cup of
cheese sauce into beaten egg in a bowl. Pour egg mixture back into the
remainder of the cheese sauce in the saucepan and heat over moderately low
heat. Stir in sherry and spoon over toast or crackers.