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Cream together Crisco, butter and sugar.
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Add eggs, beating well after each addition.
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Sift flour and baking powder in separate bowl.
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Add dry ingredients and milk alternately to butter mixture, beginning and ending with flour.
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Add rum and coconut extracts.
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Pour into a large greased and floured bundt pan and place pan on a cookie sheet.
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Bake at 300° for 1 1/2 to 1 3/4 hours. Test with toothpick for doneness.
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Right before cake should be done, bring water and sugar to rolling boil.
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Remove from heat and add almond extract.
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While cake is still in pan, pour the glaze over cake and let stand about 30 minutes before removing from pan.