1. Preheat oven to 325. Grease and flour 10" tube or 12 cup Bundt Pan. Sprinkle nuts over bottom of pan. Mix all cake ingredients together. Pour batter over nuts. Bake 1 hour. Cool. Invert on serving platter. Prick top. Drizzle and smooth glaze evenly over top and sides. Allow cake to absorb glaze. Repeat until all glaze is used.
2. For the Glaze you will need 1/4 # butter, 1/4 cup water, 1 cup sugar, 1/2 dup rum.
Melt butter in sauce pan. Stir in water, sugar and boil 5 minutes, stirring constantly. Remove from heat. Stir in rum. Decorate if desired with whole cherries, and green grapes rolled in powdered sugar.
Source: Jan or Micki
Source: Jan or Micki