Step 1: In a large bowl dissolve yeast in water.
Step 2: Heat cream or milk to boiling and then add the butter. Remove from heat and cool to room temperature or lukewarm and then add the milk mixture to the yeast mixture.
Step 3: Stir in salt and 1 cup of flour; beat in well and then add remaining flour to make a stiff dough. Let it rest for 15 minutes.
Step 4: Turn dough out of a floured board and knead until smooth. Put in a greased bowl, turn to grease all sides of the dough; cover with plastic wrap and let rise for 1-2 hours or until doubled.
Step 5: Turn dough out onto the board and roll out into a 16 inch circle. Spread with softened butter and cut into 8 wedges.
Step 6: Roll each wedge up, starting with wide end and shape into a cresent. Place on greased baking sheet; brush with egg white and sprinkle with salt and caraway seeds if desired. Let rise for 30 minutes.
Step 7: Bake in a 375 degree F. oven for 25-30 minutes or until golden.
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