Glazed Pearl Onions

In deep 12-inch skillet over high heat, heat 1 inch water to boiling. Add onions; heat to boiling. Boil 1 minute; drain. Peel onions, leaving a little of the root ends to help hold shape during cooking. In same skillet over high heat, heat 1 inch water to boiling. Add onions; heat to boiling. Reduce heat to low; cover and simmer 5 to 10 minutes until onions are tender; drain. Wipe skillet dry. In same skillet over high heat, cook onions, margarine or butter, currant jelly, sugar, and salt, stirring occasionally, until onions are browned and glazed, about 10 minutes.