Heat oven to 350 degrees. Grease a 9 x 5 x 3" pan. Mix flour, salt, baking soda, baking powder, nutmeg and cinnamon.
Beat sugar, shortening and vanilla in a large bowl with electric mixer until well blended. Add eggs one at a time. On low speed, mix in pumpkin until well blended. Add dry ingredients alternately with water, then nuts. Turn into prepared pan.
bake 1 hour or until toothpick inserted comes out clean. Cool on rack 10min.
To toast pecans: spread shelled nuts, chopped or halves in shallow pan. Bake in preheated 350 degree oven stirring often. toast for 10-15 minutes until a rich golden brown. Cool before using.