Cake:
1 cup oil
2 cups sugar
2 eggs
2 ¼ cups flour
1 tsp baking soda
1 tsp salt
1 tsp cinnamon
½ tsp nutmeg
3 cups apples, peeled and chopped
1 cup nuts, chopped
1 tsp vanilla
Caramel Sauce:
1 stick butter or margarine
1 cup brown sugar
¼ cup evaporated milk
Combine oil and sugar. Add eggs and beat well. Stir dry ingredients into mixture and mix well. Stir in apples, nuts, and vanilla. Blend well. Bake in greased and floured tube pan at 350 for 1 ½ hours. Makes a large cake that freezes well.
Blend sauce ingredients in a saucepan. Boil for 2 minutes. Pour over cake while hot. Let sauce soak into cake while pouring. Remove from pan when cool.