Preheat oven to 300 degrees. Prepare a 9x5" loaf pan by spraying with non-stick spray and lining the bottom with parchment.
Cream butter and sugar in a mixing bowl till light and fluffy. Blend in milk and almond extract.
Sift dry ingredients together and add to the butter mixture. Beat till smooth.
Add eggs one at a time, beating well after each addition.
Pour batter into prepared loaf pan and spread evenly.
Bake at 300° for about 90 minutes or until a toothpick inserted in center comes out clean. Cool for 5 minutes, then remove to a cooling rack. Cool completely.