Authentic Irish Soda Bread

1 cup raisins
1 1/2 cups all-purpose flour
1 1/2 teaspoons baking powder
1/2 teaspoon salt
1/2 cup granulated sugar
2 tablespoons lard
3/4 cup milk
1 egg
3 teaspoons caraway seeds

Boil raisins for 3 minutes, then drain and dust lightly with a little flour.

Sift together with the remaining flour, baking powder, salt and sugar. Rub in the lard with hands. Add milk, egg, and caraway seeds and pour into a greased and floured loaf pan. Bake in a preheated 350 degree F oven for 1 hour.