Cream together shortening, butter or margarine and brown sugar.
Add eggs one at a time.
In a large bowl combine flour, salt, baking powder, cinnamon, nutmeg, coconut, cherries, pecans or walnuts, pineapple, and raisins and mix until all the fruit is coated with flour.
Add flour and fruit mixture at one to mixer along with applesauce and mix just until combined.
Pour into a greased and floured tube pan.
Bake at 325 degreese for 1 hour and 15 minutes without opening the oven door. Check cake with a knife or long toothpick to see if it is done. If the knife or toothpick comes out still wet bake a little longer. When done allow to cool atleast 30 minutes before removing it from the pan.