Preheat oven to 350 degrees. Grease and flour 3 - 1 pound coffee cans.
In a large bowl, combine dry ingredients. In the mixing bowl of a mixer, combine vegetable oil, water, canned pumpkin and eggs. Mix 2 minutes. Slowly add dry ingredients to egg mixture and mix until blended. Stir in walnuts.
Evenly distribute batter between prepared coffee cans. Bake in preheated oven for 50 to 55 minutes or until a toothpick inserted in center comes out clean and top of bread is browned.
Cool bread in coffee cans on a rack for 15 minutes. Remove bread from cans by running a knife around the inside and turning can upside down to dislodge bread, the bread should come right out. Cool completely. Makes 3 breads enjoy!
*Note: Three loaf pans may be substituted if coffee cans are not used. Just be sure to grease and flour well. Serving with a cream cheese spread makes this very special.