Cream butter, ¾ cup brown sugar and ¾ cup sugar until light and fluffy. Beat in eggs, one at a time. Beat in apples, vanilla and almond extract. Sift together 2-1/2 cup flour, baking powder, salt, nutmeg and mace, gradually blend into apple mixture.
Combine 1 cup walnuts, raisins, and 1 tablespoon flour, and mix into batter.
Spoon into a well-greased 9” tube pan. Combine ¼ cup walnuts and 2 tablespoon brown sugar, sprinkle over batter.
Bake in a 325º oven for 1 hour and 30 minutes
Remove from oven, set pan on rack and let cake cool 15 min. Remove cake from pan and set on rack to cool completely.