1Preheat oven to 350 degrees (175 degrees C). Grease and flour 10 inch tube pan. Set aside.
2In a large mixing bowl, cream butter and sugar until light and fluffy. Beat in the eggs, one at a time.
3In a separate bowl, sift dry ingredients together and fold into creamed mixture alternately with water. Coat raisins and gumdrops with flour. Stir flavorings, gumdrops and raisins into creamed mixture.
4Mix well and pour into prepared pan. Bake for 1 1/2 hours.