Cream together 1/2 cup butter and 1 cup sugar. Beat in 1 egg and 1 jar (15 ounce) apple sauce. Mix in 2 cups flour, 2 teaspoons each baking soda and cinnamon, 1 teaspoon nutmeg, 1 cup raisins and 1/2 cup chopped nuts. Pour into loaf pan and bake at 350 degrees for 40 minutes. Pour into loaf pan. Bake at 350 degrees for 40 minutes.