2 c. sugar
1/2 c. butter or shortening
1 tsp. cinnamon
1/2 c. pecans
2 c. sifted flour
2 tsp. baking powder
1/2 tsp. baking soda
1/2 tsp. salt
2 eggs
4 grated apples

Cream shortening, sugar and eggs. Add flour mixed with baking powder, soda and salt. Fold in apples and pecans; spoon into bundt pan. Bake 1 hour at 350 degrees.

CARAMEL FROSTING:

1/2 c. butter
1 c. light brown sugar
2 c. powdered sugar
1/4 c. evaporated milk
1 tsp. vanilla

Mix butter, milk and sugar by hand. Cook over direct heat or microwave until bubbling. Add powdered sugar and vanilla. Mix well. Pour over cooled cake.