1/2 c. butter, softened
1 1/3 c. sugar
1/4 c. peanut butter
2 eggs
1 tsp. vanilla
2 c. plain flour
1 tbsp. baking powder
1 tsp. salt
1 c. milk
1 (10 oz.) strawberry preserves or grape jelly of choice
Peanut Butter Frosting (below)

Cream butter and sugar until light and fluffy. Blend in peanut butter, eggs and vanilla. Add combined dry ingredients alternately with milk, mixing well after each addition. Pour into 2 greased and floured 8 or 9 inch layer pans. Bake at 350 degrees for 35 to 40 minutes or until wooden pick inserted in center comes out clean. Cool 10 minutes, remove from pans. Spread 2/3 cup jelly or preserves between layers. Frost with Peanut Butter Frosting. Decorate with additional jelly (preserves).

PEANUT BUTTER FROSTING:

1/4 c. butter, softened
1/4 c. peanut butter
1 tsp. vanilla
1 dash of salt
2 1/2 c. sifted confectioners' sugar
3 tbsp. milk

Cream butter; blend in peanut butter, vanilla and salt. Add sugar alternately with milk, beating until light and fluffy.