2 cups sugar
2 cups milk
1 Tbsp butter or margarine
1 Tbsp shortening
3 tsp baking powder
1 tsp salt
3 eggs, slightly beaten
Bread, cubed (enough to fill 9x13 inch pan)

Place cubed bread in 9x13 inch pan (I use any stale bread, not mouldy, but drying out, such as hot dog or hamburger buns, homemade or sliced bread, etc.). In mixing bowl mix all other pudding ingredients. Pour over bread. With your hands squeeze the bread so it will absorb the mixture evenly and thoroughly. Pat to even out. Bake at 350°F until golden.
Serve warm or cold with warm vanilla sauce.

Sauce:

3 cups water
1 1/2 cups sugar
Vanilla, to flavour (approximately 2 Tbsp)
Cornstarch
1 1/2 Tbsp butter

Bring first 3 sauce ingredients to a rolling boil.
Thicken with cornstarch dissolved in cold water. Stir in butter.