Sift dry ingredients together; add raisins.
To milk add melted shortening and beaten egg.
Mix thoroughly and add to the dry ingredients; add more milk if necessary, to make a soft dough.
Roll out lightly about 1/2 inch thick, divide into two long strips and twist together to form a ring.
Put into greased pan and sprinkle with a little sugar and nuts.
Allow to stand about 20 minutes.
Bake in moderate oven 20 to 25 minutes.