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Preheat oven to 350 degrees.
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Butter loaf pan.
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In medium saucepan, combine 1/2 cup honey and milk; Stir over medium heat until honey dissolves.
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Stir in melted butter.
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Set aside to cool.
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Sift flour, sugar, baking powder and salt into large mixer bowl.
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Add pecans and toss to coat.
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Set aside.
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Whisk egg into cooled milk mixture.
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Add to flour mixture.
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Beat at medium speed just until blended.
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Pour into pan and smooth top.
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Bake for 65-75 minutes until toothpick comes clean from center.
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Cool on rack 10 minutes, Remove and cool again on rack.
