1 1/2 c. shortening
3 c. sugar
6 eggs
1/2 tsp. almond flavoring
5 oz. maraschino cherries, well drained and chopped
1/2 tsp. vanilla flavoring
3 3/4 c. plain flour
3/4 c. milk

Cream together shortening and sugar until very creamy and beat 10 to 15 minutes. Add eggs, one at a time, beating well after each addition. Add vanilla and almond flavoring and blend well. Alternate flour with milk, mixing well after each addition. Fold in cherries. Pour into large greased tube pan. Place in cold oven; set oven at 275 degrees and bake for 2 hour and 10 minutes. Cool thoroughly and frost.

FROSTING: Blend 1/2 stick butter and 8 oz. cream cheese until smooth (allow them to reach room temperature for easy blending). Gradually add 1 pound confectioners' sugar and beat until smooth. Add 1 teaspoon each of vanilla and almond flavoring and mix well. Fold in 1 cup coconut, 1 cup chopped walnuts, and 5 oz. drained and chopped maraschino cherries. Spread mixture over cake.