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Put dough in a greased bowl and cover and let it rise in a warm place until doubled, or about one hour.
Punch down dough and divide in half. Knead for a minute or so, and then form each half into rounds. Place dough on a large greased cookie sheet and let rise for 45 minutes. (The loaves will become very large, so be careful not to put them too close to edge of cookie sheet.)
Bake at 350 degrees for 40 to 45 minutes. If loaves start turning too brown, turn oven down to 325. After you remove loaves from oven, brush them with shortening while they are still hot. This will help crust to stay soft. Remove loaves from cookie sheet. Allow julekake to cool before slicing.
If you prefer, after julekake is cool, drizzle on powdered sugar icing and decorate with cherries, walnuts or pecans.
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LeAnn R. Ralph is a freelance writer in west central Wisconsin, is the editor of the Wisconsin Regional Writer (the quarterly publication of the Wisconsin Regional Writers' Assoc.) and is the author the book: Christmas In Dairyland (True Stories From a Wisconsin Farm) (August 2003; trade paperback) http://ruralroute2.com