I have been making this recipe for over 40 years. We used to take our kids pumpkin picking on Long Island. At that time it was $2.00 for all you could carry. We would toast the seeds and cook the pumpkin. Now I used store bought but it comes out just as good. When I start smelling it baking the fond memories of those big fields and our children come back to me.
Pre heat oven to 350 degrees. Grease 2 loaf pans or prepare muffin tins.
Mix sugar and oil, beat in one egg at a time. Sift flour, spices, baking powder and baking soda in a separate bowl. Add the dry ingredients to the sugar and oil, alternating with the water. Mix well. Stir in pumpkin and nuts if you are adding nuts.
Divide mixture into 2 loaf pans, or fill muffin trays. Bake at 350 for 50 minutes for loaves or check muffins with the toothpick test.