Instructions

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