Lite as a Feather Donut

3/4 c. milk
1/4 c. sugar
1t. salt
1/4 c. margarine
1/4 c. warm water
1 pkg. yeast
1 egg, beaten
3 1/4 c. flour

Scald milk; stir in sugar, salt and margarine. Cool mixture to lukewarm. Mix together the yeast and water; add to milk mixture. Stir in beaten egg and 1/2 of the flour to make a soft dough. Knead in rest of flour until dough is smooth and elastic. Let rise until double in size. Roll out on a floured surface to 1/4 inch thickness. Cut desired size, with center cut out; let rise. Deep fat fry in hot oil. Immediately immerse in doughnut glaze. Yield; 3 doz. donuts.

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