Ingredients:

  Amount  Measure       Ingredient -- Preparation Method
--------  ------------  --------------------------------
     1/3  cup           Margarine or butter
   2      cups          Powdered sugar
     1/2  teaspoon      Grated orange peel
   1 1/2  teaspoons     Orange juice
   1                    2 To 4 tb Orange juice

Preparation:

Heat margarine in 1-1/2 quart saucepan until melted. Add orange peel. Stir in powdered sugar and 1-1/2 teaspoons orange juice. Stir in rest of orange juice, 1 tablespoon at a time, until smooth and consistency of thick syrup. Glazes a 12-cup bundt cake or 10-inch angel food or chiffon cake.