Preheat oven to 325 degrees. Combine butter, shortening and sugar until fluffy.
Beat eggs and add to sugar mixture.
Combine flour, baking powder, and add to creamed mixture. Combine milk and flavoring extracts.
Combine with all ingredients, blend well. Spray loaf pan/pans with nonstick cooking spray.
Fill loaf pans half way full with batter. Bake in loaf pan or angel cake pan for 1 hour.
Bake mini loaf pans for 30-35 minutes or until toothpick inserted into the center comes out clean.
Meanwhile prepare glaze.
Combine sugar, water and all extract flavorings in saucepan. Bring to boil. Stir until sugar is completely melted.
When cake has cooled 10 minuted, poke holes into the top with a fork or toothpick.
Leave cake in pan and pour half of the glaze mixture over the top of the loaf.
Remove cake from pan to serving plate, pour the rest of glaze mixture on top slowly to soak in.