1/2 c. butter
1 c. sugar
3 eggs
2 c. flour
1 tsp. baking powder
1/2 tsp. salt
1/2 tsp. cinnamon
1/4 tsp. nutmeg
1 c. applesauce
1/4 c. molasses
1 c. raisins
1/2 c. chopped nuts

1. In a large bowl, cream butter and sugar until fluffy.

2. Add eggs, beat well.

3. Mix flour, baking powder, salt, cinnamon and nutmeg. Set aside.

4. Combine applesauce and molasses.

5. Add dry ingredients alternately with applesauce to egg mixture.

6. Fold in raisins and nuts.

7. Pour in greased 9x5 loaf pan.

8. Bake in 350 degree oven for 1 hour.

9. Cool 10 minutes; remove from pan and cool on rack.