1/2 c. shortening
1 3/4 c. sugar
1 egg
1 1/2 c. applesauce
1 tsp. baking soda
2 1/2 c. all-purpose flour
1 tsp. baking powder
3/4 tsp. salt
2 tsp. cinnamon
1 tsp. ground cloves
2 tsp. ground nutmeg
2 tbsp. molasses
1 tsp. vanilla
1 c. raisins
1/4 c. chopped walnuts

Cream shortening and sugar until light and fluffy. Beat in egg. Combine applesauce and soda; beat into creamed mixture. Combine flour, baking powder, salt and spices, add to applesauce mixture. Stir in molasses, vanilla, raisins and walnuts. Line bottom of a 10" tube pan with waxed paper; grease and flour sides of pan. Spoon batter into pan. Bake at 350 degrees for 50 to 60 minutes. When cake is completely cool, spread top of cake with frosting.

FROSTING:

1 tbsp. milk
4 tbsp. butter
1 1/2 c. powdered sugar
1/4 c. chopped nuts
3/4 tsp. vanilla

Heat milk and butter in saucepan until hot, but not boiling. Beat in sugar. Stir in nuts and vanilla. Yield: 1 cup.