In a large bowl, combine butter, sugar and eggs; mix well. Combine the flour, baking powder and salt. Stir into butter mixture alternately with eggnog; mix only until dry ingredients are moistened. Fold in pecans, raisins and cherries. Spoon into a greased 8 1/2x4 1/2x2 1/2" loaf pan. Bake at 350 F. for 70 minutes or until bread tests done. Yield: 1 loaf

North Carolina, who says that someone alwasy asks for this recipe when she makes it for the holidays and for gifts. It's quick, easy and delicious.