Poor Man'S Cake - cooking recipe

Ingredients
    1 (15 oz.) box raisins
    1 c. applesauce
    1 c. sugar
    1 stick margarine
    2 tsp. cinnamon
    3/4 c. water
    2 c. flour
    2 eggs
    1 tsp. baking soda
    1/2 c. chopped nuts (optional)
Preparation
    In medium saucepan, combine first 6 ingredients.
    Bring to boil.
    Simmer 10 minutes.
    Cool.
    Add eggs.
    Mix well.
    Sift flour and baking powder.
    Add to raisin mixture.
    Add nuts.
    Place in 2 medium loaf pans or 1 regular size.
    Bake at 350\u00b0 for 45 to 50 minutes.

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