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Step 1
Bring butter, sugar, raisins, spices, salt and water to a medium boil for 3 minutes on top of the stove. Remove from stove and let cool. Stir in vanilla extract. Whisk together the flour, baking soda and baking powder in a large bowl. Pour in cooled ingredients and mix until ingredients are all wet. Stir in eggs and fold in nuts.
Step 2
Spray a 9 x 5 loaf pan with cooking spray and bake in preheated 350 degree oven for 50 to 55 minutes until center tests done. Can add your favorite frosting or a glaze. I usually just sprinkle on some powdered sugar. Keeps well in an airtight container for several day. I don't refrigerate. Can be reheated in oven or microwave. Makes 1 loaf