This looks older, types, no idea what magazine. As always, spelling is Grandma’s. 
1 1/4 c boiling water
1 c Oats
1/2 c margarin
1 c sugar
1 c brown sugar
1 t branilla
2 eggs
1 1/2 c sifted flour.
1 t soda
1/2 t salt
3/4 t cinnamon
1/4 t nutmeg
Pour boiling water over oats: cover and let stand 20 min. Beat butter until creamy; gradually add sugars and beat until fluffy. Blend in vanilla and eggs. Add oats. Mix. Pour batter into well-greased and floured 9 inch square pan. Bake 350 for 50 to 55 minutes.
Frosting
1/4 c margarine melted
1/2 c brown sugar
3 T half and half
1/3 c chopped nutmeats
3/4 c coconut
For frosting, combine all ingredients. Spread evenly over cake. Broil until frosting becomes bubbly. Cake may be served warm or cold.
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