In large bowl cut margarine into flour until mixture resembles coarse meal. Set aside.
Scald milk; stir in sugar and salt. Cool to lukewarm. Measure warm (not hot) water into large warm bowl. Sprinkle or crumble yeast; stir until dissolved. Stir in lukewarm milk mixture, eggs, raisins, almonds, lemon peel, mace and half the flour mixture. Beat until smooth. Stir in remaining flour mixture to make soft dough. Turn onto lightly floured board and knead
Punch down dough. Turn onto lightly floured board. Divide into 4 equal pieces. Set 2 aside. Divide one piece into 4 equal strips, 15 inches long. Place the 4 strips on a large greased baking sheet; form into a braid. Divide the second piece into 5 equal parts. Form 3 pieces into a second braid and place on top of first. With remaining pieces of dough make a third braid and place on top of second braid. Form a second loaf using rest of dough. Cover; let rise in warm place, free from draft, until doubled, about an hour. Beat egg yolks and water together until blended and brush loaves. Bake in moderate oven (350) or until done.