Grafton cake

Cream together three tablespoonfuls of butter with two cupfuls of sugar and beat into these the yolks of three eggs, whipped light. Add a cupful of cold water and two cupfuls of sifted flour. Stir in, then, the whites of the eggs, beaten stiff, and another cupful of flour into which has been sifted a heaping teaspoonful of baking-powder. Flavor with a half-teaspoonful of nutmeg and cinnamon, mixed.