heat oven to 325, grease and flour 12 cup tube pan.
in a large bowl blend all the ingredients at low speed until moistened. beat at med. speed for 3 minutes. pour batter into pan and bake for 40-50 minutes.or until done.
while cake is still hot out of the oven add the glaze.
glaze: 1 1/2 cups powdered sugar, and 1/2 cup lemon juice. in a small bowl blend until smooth. pour 1/2 the glaze over hot cake in the pan, let stand for 10 minutes. then invert cake onto serving plate and spoon remainging glaze over cake.