Beat sugar and egg in mixing bowl. Beat in melted butter and add eggnog and extract. Mix Sift flour, baking powder, salt, cinnamon, and nutmeg over the eggnog mixture. stir until moistened. Mix in nuts and fruit. Turn into greased (2) loaf pans. Bake at 350 for about 1 hour until an inserted wooden pick comes out clean. Let stand 20 minutes. Turn out onto rack to cool.