3 c. flour
1/2 c. sugar
4 tsp. baking powder
1/2 tsp. salt
1/2 tsp. ground nutmeg
1 beaten egg
1 3/4 c. canned or dairy eggnog
1/2 c. oil
1/2 c. chopped pecans
1/2 c. golden raisins (optional)

GLAZE:

1/2 c. powdered sugar
2-3 tsp. eggnog

Heat oven to 350 degrees. In a large bowl, stir together flour, sugar, baking powder, salt and nutmeg. Combine egg, eggnog and oil; add to the dry ingredients stirring just until combined. Stir in the nuts and raisins. pour into a greased 9 x 5 x 3 inch loaf pan. Bake for 60-70 minutes. Cover with foil after 50 minutes if bread browns too quickly. Cool in pan for 10 minutes. Remove from pan; cool on wire rack. Wrap bread, store overnight. To serve, stir together powdered sugar and enough eggnog to make a drizzling consistency. Drizzle over bread. 1 loaf (16 servings).