3/4 c. granulated sugar
1/2 c. shortening
2 eggs
1 1/2 c. all-purpose flour
2 tsp. baking powder
2/3 c. milk
1/3 c. presweetened cocoa powder
1/3 c. chopped walnuts

Beat sugar and shortening until fluffy. Add eggs. Beat well. Stir together flour, baking powder and 3/4 teaspoon salt. Add flour mixture and milk alternately to beaten mixture, beating until smooth after each addition.

Spoon 1/3 of the batter (1 cup) into a greased 9 inch fluted tube pan, 6 1/2 cup ring mold, or 9x9x2 inch baking pan.

Combine cocoa and nuts; sprinkle half over batter. Repeat layers, ending with batter. Bake in a 350 degree oven 30 to 35 minutes. Cool in pan 5 minutes; turn out into a serving platter. Dust with sifted powdered sugar, if desired.