Preheat oven to 325*. Spray pan lightly with cooking oil. In bowl mix together flour, sugar, baking powder, and salt. Add butter, eggs, milk, vanilla, nutmeg, and cinnamon. Beat until well blended. Fill each Donut Hole 2/3 full. Bake 8 minutes or until top springs back when lightly touched. Cool. Remove from pan and dip into glaze. Decorate with sprinkles, nuts, shaved chocolate or coconut. Donuts may also be dipped into cinnamon and sugar instead of the glaze. When the pan has cooled, wipe clean with cloth or paper towel and repeat process. Yields approximately 36 mini donuts. Glaze: 1 cup powdered sugar mixed with 2 Tblsp. HOT water.