1 c. chopped pecans or walnuts
1 (18 oz.) pkg. yellow cake mix
1 (3 3/4 oz.) pkg. instant vanilla pudding mix
4 eggs
1/2 c. cold water
1/2 c. Wesson oil
1/2 c. dark rum

Mix last 6 ingredients and pour over chopped nuts in greased and floured tube pan. Bake 1 hour at 325 degrees. Set on rack to cool. Invert on cake plate and drizzle. Glaze over sides and top of cake.

GLAZE:

1/4 lb. butter
1/4 c. water
1 c. granulated sugar
1/2 c. dark rum

Boil first 3 ingredients 5 minutes. Add rum.