For The Batter: Dissolve The Yeast In Water. Add Milk, Sugar, Salt, Nutmeg, Cinnamon, Eggs, Shortening And 2 Cups Flour. Beat Two Minutes. Stir In Remaining Flour. Cover And Let Rise For 30 Minutes Or Until Doubled In Size. Roll Out To About 1/2 Inch Thick And Cut With Donut Cutter. Place On Greased Baking Sheet. Cover And Let Rise For 20 Minutes. Brush With Melted Margarine. Bake For 10 Minutes At 425 Deg F. For The Glaze: Melt Margarine And Combine With Vanilla And Powdered Sugar To Make A Glaze. Spread On Doughnuts.