Combine milk, shortening, sugar and salt, then cool to lukewarm. Add one cup
of flour and beat well. Beat in softened yeast and eggs. Add enough of remaining
flour to make a moderately soft dough. Mix well.
Place in a greased bowl and turn to grease the surface. Cover and chill for 3
hours or overnight.
Turn onto slightly floured surface and roll to 1/3-inch thick.
Cut with floured doughnut cutter. Let rise for 30-40 minutes until very light.
While dough is rising, combine all ingredients of the glaze in a bowl and set aside.
Fry in 375 degrees F deep hot fat for 2 minutes or until brown, turning once.
Drain on paper towels and dip them into the glazing bowl while warm.