This recipe was one of my Grandma Carr's. It is an old one but a very good one. Its amazing comfort food, great on a winter night for dessert. We like it with ice cream but whipped topping is good, too.
Preheat oven to 350 degrees. Combine all sauce ingredients. Pour into a 1-1/2 quart baking dish. Set aside.
For pudding cake, beat butter and sugar in a mixing bowl. Combine flour, baking powder, salt and nuts; add alternately with milk to butter mixture. Spoon into baking dish on top of sauce. Bake at 350 degrees for 40-45 minutes.