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To prepare the fruit: Combine the dried fruit and liquid in a bowl. Cover and microwave for 1 to 2 minutes, stir, then set aside to cool.
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Preheat the oven to 325°F.
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To prepare the cake: In a large bowl, beat together the butter and sugar until light-colored and fluffy. Beat in the baking powder, salt, and flavors.
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Beat in the eggs one at a time. Scrape the bottom and sides of the bowl, and beat again briefly, to incorporate any sticky residue.
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Stir in the flour in 3 additions, alternating with the orange juice in 2 additions.
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Stir in the undrained fruit, the nuts, the candied cherries, and the jammy bits.
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Lightly grease the pans of your choice: one 8 1/2" x 4 1/2" loaf pan or decorative loaf pan; two or three 7" paper bake & give pans; or two 3-cup Bundt-style pans. For more options, see baker's tips, below.
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Spoon the batter into the lightly greased baking pans, filling them about three-quarters full. If you have a scale, dividing the batter evenly among the pans is simple math. If you've included the nuts, the batter weighs about 1220g total.
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Bake the cake for about 50 to 90 minutes, depending on the size of the pan. When done, the cake will be a light golden brown all over, and a long toothpick or skewer inserted into the center will come out clean.
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To make the soak: Stir together the orange juice and sugar while the cakes are baking. Warm briefly in the microwave; about 45 seconds should do it. Stir to help dissolve the sugar. Set aside to rest at room temperature, stirring occasionally to continue to dissolve the sugar.
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Remove the cakes from the oven. If you're removing them from the pan(s), wait about 10 minutes, then turn them out onto a rack. Brush the warm cakes all over with the soak, continuing to brush until you've used it all.
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When completely cooled, wrap well and let "age" at least 24 hours; the cake improves with a 24-hour rest.
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If desired, dust with confectioners' sugar or drizzle with icing just before serving.
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Storage information: Store leftover cake, well wrapped, at room temperature; it should keep well for a couple of weeks. Freeze for longer storage.