Cream the butter and sugar. Add egg while beating. Add peanut butter and molasse and beat well.
Combine all remaining ingredients and add to the peanut butter mixture. Stir well. Drop the dough with a spoon on a ungreased baking sheet. Squeeze the dough with a floured bottom glass or with a fork.
Bake in preheated oven of 375 F for 12 to 15 minutes.