Applesauce Nut Bread

2 cups all-purpose flour
3/4 cup granulated sugar
3 teaspoons baking powder
1 teaspoon salt
1/2 teaspoon baking soda
1/2 teaspoon cinnamon
1 cup chopped nuts
1 egg
1 cup applesauce
2 tablespoons melted shortening

Combine all dry ingredients, including nuts.

In a separate bowl, beat egg, then combine with applesauce and melted shortening. Add dry ingredients to applesauce mixture and stir until blended. Place in a greased loaf pan and bake at 350 degrees F for one hour.

Cool before slicing.