Brown Sugar Cake

1 cup shortening
1/2 cup (1 stick) margarine
1 (16 ounce) box light brown sugar
1 cup granulated sugar
5 eggs
3 cups sifted all-purpose flour
1/2 teaspoon baking powder
1 cup milk
1 teaspoon vanilla extract
1 cup nuts, finely chopped

Cream shortening, margarine and brown and white sugars. Add eggs, one at a time, beating well after each addition. Add flour and baking powder which have been sifted together alternately with milk. Add vanilla extract, then nuts dredged in flour. Pour into a greased and floured 10-inch tube pan. Bake for 1 1/2 hours at 325 degrees F.