Preheat oven to 325°F.
Cream sugar and butter. Add eggs, one at a time, beat well after each addition.
Sift flour, baking soda, salt, allspice, cinnamon and nutmeg. Add flour alternately with apple juice to sugar mixture. Fold in raisins and nuts.
Bake in a greased bundt pan (or 2 loaf pans) for 1 hour and 10 minutes. Serve plain or sprinkled with powdered sugar.