Melt 1 stick of oleo and pour over pecans and coconut; then add other ingredients and mix well. Form into small balls and place on shallow pans and chill well. Mix in top of double boiler: 1/4 lb of parafin and 12 oz of chocolate chips. Place toothpick into balls of candy and dip into the chocolate mixture. Keep mixture over the hot water while dipping the candy. Place candy on wax paper.