With a mixer, cream the butter and sugar. Beat in eggs one at a time. Add the sifted flour once cup at a time. Adding a little of the milk after each cup of flour is added. Beat well after each addition of flour and milk.
Once all the flour and milk are added to the bowl add the extracts and beat the batter for
Scoop the very thick batter into the prepared tube or bundt pan. With a plastic spatula smooth the surface of the batter.
Bake on a cookie sheet at 300°F for 60 minutes. After 60 minutes increase the oven temperature to 325°F and bake for an additional 30 to 40 minutes until a toothpick inserted into the center of the cake comes out clean.