Heat oven to 350°F. MIX sugar, oil, water, egg, cinnamon, baking soda and salt in large bowl. Stir in flour and cereal. Mix in fruit bits. Drop by rounded teaspoonfuls, 1 inch apart, onto lightly greased cookie sheets.
Bake 10 minutes or until browned. Remove from cookie sheets. Cool on wire racks. Store in tightly covered container. Makes 4 dozen.