1/2 c. shortening
2 sticks butter
3 c. sugar
1/4 tsp. salt
5 eggs
3 c. flour
1 c. evaporated milk
2 tbsp. vanilla
1 c. chopped walnuts or pecans
1 (8-10 oz.) jar maraschino cherries

Cream shortening, butter, sugar, and salt together. Add eggs, one at a time to above. Alternate flour and evaporated milk, ending with flour. Add vanilla and nuts; fold in maraschino cherries.

Place in a greased floured tube pan. Place in a cold oven. Bake at 325 degree for 2 to 2 1/2 hours. Do not open oven until done. Bake at 300 degrees in electric oven.