Preheat oven to 350F (175C). Spray a 9x5x3 inch baking pan with cooking spray. Combine sugar, oil in a medium bowl using a wooden spoon. Stir in the egg. Add the baking soda, baking powder, cinnamon and flour. Add the milk, applesauce, pecans and raisins. Pour the mixture into the pan and bake
for 35-40 minutes. Allow bread to cool in the pan before removing it.