Cream sugar and oleo with mixer. Add eggs and water, beat well. In a bowl, blend flour, nutmeg, cinnamon, salt and baking soda. Slowly add dry ingredients to mixer. Beat in vanilla and pumpkin. Blend in nuts and chocolate chips if desired.
Bake at 350 degrees 45 minutes for large loaves. Bake 25 - 30 minutes for mini loaves.
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