The sweet flavor of almonds makes this bread the perfect match for a cup of coffee. Almond paste can be found in most supermarkets.
Combine the cereal and milk and set aside for 1 hour. Preheat the oven to 350 degrees F. Grease two 8-inch by 4-inch loaf pans.
Cream together the almond paste, butter, eggs, and sugar. Add the cereal mixture and mix well. Sift the flour, baking powder, soda, and salt into another bowl. Add to the almond paste mixture and mix thoroughly. Spoon into the prepared loaf pans.
Bake in the preheated oven for 1 hour or until a tester inserted in the center of the loaves comes out clean. Cool for 10 minutes, then turn out of the pans to cool thoroughly on wire racks.