Preheat oven to 325(F) degrees. Grease bundt pan well. Mix the first five ingredients for about two minutes, or until batter is smooth and there are no lumps remaining. Transfer batter to the greased bundt pan and bake for 35 to 40 minutes until cake tests done with toothpick being inserted and coming out clean.

While the cake is baking, prepare the glaze. Melt the butter in a sauce pan and add sugar and orange juice to the butter. Bring to a boil, stirring constantly. Let the cake cool in the pan for 15-20 minutes and then invert on to a plate or cake platter. Poke some holes in the top of the cake and drizzle the top with the warm glaze. You can reserve a little of the glaze to top individual servings with if desired.