Baked Doughnuts

2 pkg. dry yeast (1/2 oz.)
1/3 cup warm water
1 1/2 cups warm milk
1/3 cup vegetable shortening
1/4 cup sugar
2 tsp. salt
2 tsp. nutmeg, freshly ground
3 eggs, beaten well
4 1/2 cups flour, all purpose
1/2 cup melted butter

Let the yeast dissolve in the warm water. Put the milk and shortening in a saucepan
and warm until the shortening is melted. Set aside and let cool to lukewarm.
Pour the yeast mixture into a bowl and add the milk mixture and 2 cups
flour. Beat until well mixed. Add the remaining flour and the remaining
ingredients and mix well. Cover bowl and let rise until doubled. Turn dough
onto a lightly-floured surface and pat it down until it's 1/2 inch thick. Using
a doughnut cutter, cut doughnuts out. Set aside on a lightly-greased baking
sheet and let rise for about 20 minutes. Place in a preheated oven at 450°F
and bake for 10 minutes until golden brown. Dip them in a cinnamon
and sugar mixture or glaze with a powdered sugar and milk mixture.