1/3 c. shortening
1 1/3 c. sugar
1/2 tsp. vanilla
2 eggs
1 c. canned mashed pumpkin
1 2/3 c. sifted flour
1/4 tsp. baking powder
1 tsp. baking soda
3/4 tsp. salt
1/2 tsp. cinnamon
1/2 tsp. nutmeg
1/3 c. water
1/2 c. chopped walnuts or pecans

Cream shortening, sugar and vanilla. Add eggs one at a time, beating thoroughly after each addition. Stir in pumpkin. Sift together dry ingredients, then stir into mixture, a fourth at a time, alternating with the water until just smooth. Do not over beat. Fold in nuts.

Turn batter into greased 9 x 5 x 3 inch loaf pan. Bake in preheated 350 degree oven for 45-50 minutes or until cake tests done.

Serve with Cream Cheese Frosting (cream cheese and powdered sugar).