Peanut Butter Bread

2 cups flour
3 tsp. baking powder
1/2 tsp. baking soda
1/2 tsp. salt
1/4 cup margarine
3/4 cup chunky peanut butter
3/4 cup sugar
1 egg
1 tsp. vanilla
1 cup milk

Sift flour, baking powder, soda and salt on a piece of wax paper.

In a medium-size bowl beat together margarine and peanut butter until blended; beat in sugar then egg and vanilla.

Add flour mixture, using pasty blender, mixing in until fine crumbs form. Add milk and stir just until mixture is moistened. Turn into a greased 9x5x3-in. loaf pan.

Bake in a 350ºF. preheated oven for 55 to 60 minutes. Place pan on a wire rack and let stand 5 minutes; with a small spatula loosen edges, turn on a wire rack, turn right side up, and cool.

Store wrapped in plastic wrap or foil.