Cream butter in a large mixing bowl; gradually add sugar, beating until light and fluffy. Add flour, stirring well. (It may be necessary to work flour into dough using hands. ) Cover with plastic wrap, and chill slightly.
Turn dough out onto a lightly floured surface; roll to 1/8-inch thickness. Prick entire surface of dough with tines of a fork; cut with a 2 1/2-inch cookie cutter. Make a hole just off center in each cookie using a 1/2-inch cookie cutter.
Place 2 inches apart on lightly greased cookie sheets. Bake at 350° for 10 minutes. Remove from cookie sheets, and cool on wire racks.
Note: Leftover cookies may be placed in an airtight container and frozen for later use.