PREHEAT oven to 350°F.
SIFT together flour, baking powder, baking soda, cinnamon, salt and sugar.
STIR in uncooked oats.
ADD beaten egg, oil, orange juice, grated orange peel and water; mix until well blended.
ADD raisins. Mix well. Do not overmix.
POUR batter into greased and floured 8½ X 4½ loaf pan.
BAKE for 55-65 minutes or until it tests done.
TURN out on rack and cool before serving.