1. CAKE: Soften margarine and shortening. 2. Add sugar. 3. Beat 10 minutes with mixer at medium speed. 4. Add eggs one at a time. 5. Add other ingredients. 6. Beat well. 7. Bake in a large tube pan at 325 for 90 minutes. 8. GLAZE:Combine all ingredients and boil for 10 minutes. 9. Drizzle over cake while cake is still warm.