Apple Molasses Bread

1 loaf
1/2 cup butter
1 cup sugar
3 Eggs
2 cup Flour, all-purpose
1 tsp baking powder
1/2 t salt
1/2 tsp cinnamon, ground
1/4 tsp Nutmeg, ground
1 cup Applesauce
1/4 cup Dark molasses (treacle)
1 cup Raisins
1/2 cup Nuts, chopped

Preheat oven to 350 degrees F. In a large bowl, cream butter and sugar until light and fluffy. Add eggs, one at a time, beating well after each addition. Combine flour, baking powder, salt, cinnamon and nutmeg; set aside. Combine applesauce and molasses. Add dry ingredients alternately with applesauce mixture to egg mixture. Fold in raisins and nuts. Pour into a greased 9 1/4 x 5 1/4 x 2 3/4 inch loaf pan. Bake at 350 degrees F. for 1 hour, or until a toothpick inserted into the center comes out clean. Cool 10 minutes, remove from pan and continue cooling on a wire rack.

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