Applesauce Raisin Bread

In a large bowl, beat egg lightly; stir in applesauce, butter, granulated sugar and brown sugar, mixing until well combined. Blend in flour, baking powder, salt, baking soda, cinnamon and nutmeg.

Stir in raisins and nuts.

Turn batter into a well-greased 9 x 5-inch loaf pan or a plain or fluted 1-quart ring mold.

Bake in a preheated 350° oven (325° for a glass pan) for 1 hour or until a wooden pick inserted in center comes out clean. Let cool in pan for 10 minutes, then turn out onto a rack to cool completely.

Makes 1 loaf.