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Preheat oven to 350 degrees.
Slice raisin bread into 3/4-inch pieces;
Place in shallow buttered 1 quart baking dish; set aside.
Heat milk with butter until hot and butter is melted (do not allow mixture to boil).
Beat eggs with sugar, vanilla and salt.
Add hot milk mixture, stirring constantly; Pour over bread.
Allow to stand 5 minutes.
Sprinkle with nutmeg or cinnamon sugar.
Set baking dish in pan with hot water to half the depth of dish.
Put in oven uncovered, Bake 50 minutes or until custard is set (knife inserted in middle comes out clean).
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