The recipe is from the Woman's Day Encyclopedia of Cookery Volume 2, and is loosely paraphrased here (since I didn't copy it down exactly).
The recipe called for 2 oranges and a grapefruit, but I used 3 oranges, and I presume any citrus fruit would work, to suit one's preference.
Remove the peel (I circled the orange with my knife and removed the peel in 4 quadrants), and slice it into narrow strips. I had no problem finding a use for the fruit - I had two volunteers more than happy to help with its safe disposal!
Add the strips of peel to a generous amount of water (I used my large wok frypan), bring it to a boil, and boil 5 minutes. Drain (dump out the water). Repeat this process two more times (for a total of 3 times), bringing the water to a boil for only 5 minutes each time.
Drain the orange peels on paper towels, pressing gently to remove any excess moisture. (I forgot this step, and mine came out fine, so I don't know if it adds much.)
Combine 2 cups sugar and 1 cup water (I combined it in the wok frypan while my peels were drying in the strainer - or on the paper towels), heat until the sugar is fully dissolved. Add the orange peels and bring to a full boil for 10 minutes over low heat.Turn off heat. Cover, and let stand overnight.
Cook over low heat until most of the liquid is gone (only a thick syrup coating the peels). Watch for scorching.
Lift individual peels from the syrup, roll them in granulated sugar, and place on a tray to cool. I found that a pair of wooden chop sticks worked well for lifting them out, onto the plate of sugar. My daughter used two forks to flip the peels in the sugar, and lift them out onto the next plate.
Roll in granulated sugar a second time, placing them to dry.
Apparently, if stored in a container with a loose lid, they will last for up to 2 or 3 weeks (not that they would actually last that long, especially if you have company!).
Enjoy!