Preheat oven to 350 degrees F. In a medium bowl sift the flour once, measure, add the baking powder and salt, and sift again. Add the sugar and mix well. Add the walnut meats and apricots. Combine the egg, milk, and butter or margarine; add to the flour mixture and blend. Bake in a greased 8x4x3-inch loaf pan for 50 to 60 minutes.