Preheat oven to 350°F (175°C). Grease and flour an 8-inch cake pan.
In a large bowl, cream together the sugar and butter.
Beat in the eggs one at a time.
Stir in the applesauce and mix until smooth.
In a separate bowl, whisk together flour, baking soda, cinnamon, and cloves.
Gradually add dry mixture to the wet ingredients and stir until just combined.
Fold in walnuts and raisins.
Pour batter into the prepared pan.
Bake for about 40 minutes, or until a toothpick comes out clean.
Cool in the pan for 10 minutes, then transfer to a wire rack to cool completely.