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Applesauce Cake

1/2 cup shortening
1-3/4 cups sugar
1 egg
1-1/2 cups applesauce
1 teaspoon soda
2-1/2 cups flour
1 teaspoon baking powder
3/4 teaspoon salt
1-1/2 teaspoons ground cinnamon
1 teaspoon ground cloves
2 teaspoons ground nutmeg
2 Tablespoons molasses
1 teaspoon vanilla extract
1 cup white raisins
1/4 cup chopped nuts

Cream together shortening and sugar; beat in egg. Add applesauce and soda to creamed mixture. Sift together dry ingredients and add to the applesauce mixture. Stir in remaining ingredients.
Bake in a greased and floured tube pan at 350 degrees for 50-60 minutes.