1. Beat all ingredients (except nuts) with electric mixer just until dry ingredients are moistened. Fold in nuts.
2. Spoon into two greased and floured 9 x 5 inch loaf pans.
3. Bake at 350 degrees for one hour or until pick inserted in center comes out clean.
4. Cool in pans on wire racks for 10 minutes; removed from pans and cool completely on racks.