1 c. chopped pecans or walnuts
1 (18 1/2 oz.) pkg. yellow cake mix
1 (3 3/4 oz.) pkg. instant vanilla pudding mix
4 eggs
1/2 c. vegetable oil
1/2 c. cold water
1/2 c. dark rum

GLAZE:

1/4 lb. butter
1/4 c. water
1 c. granulated sugar
1/2 c. dark rum

Preheat oven to 325 degrees. Grease and flour a 10 inch tube or a 12 cup bundt pan. Sprinkle nuts over the bottom of pan.

Mix together cake mix, pudding mix, eggs, oil, water and rum. Pour batter over nuts in pan. Bake for 1 hour. Set on rack to cool. Invert on serving plate. Prick top.

To make glaze: Melt butter in saucepan. Stir in water and sugar. Boil for 5 minutes stirring constantly. Stir in 1/2 cup dark rum. Drizzle and brush glaze evenly over top and sides of cake. Can be decorated with border of sugar frosting or whipped cream.