Preheat oven to 350°F. Grease 3 loaf pans (8 ½ inch x 4 ½ inch x 2 ½ inch size).
Put raisins in a small sauce pan and add ½ cup red wine. Bring to a boil and stir to coat raisins. Set aside to cool.
In a large mixing bowl, cream butter and shortening together. Add sugar and beat until blended. Add eggs one at a time, beating in thoroughly before adding the next.
Sift flour before measuring. In a medium bowl whisk together flour, cocoa powder, baking soda and spices.
Add flour mixture to butter mixture alternating with the remaining wine, about half at a time. Mix in raisins and chopped nuts.
Divide batter equally between the loaf pans. Bake until a toothpick inserted in the middle of cake comes out clean, about 50 minutes.
Optional gift giving: Let cool completely, wrap in plastic wrap and again in heavy duty aluminum foil. Freeze until ready to gift.
Notes
Use your favorite red wine. A sweeter dessert wine will result in a slightly sweeter cake. I used a Cabernet Sauvignon.