In a large bowl, cream the butter and sugars until light and fluffy. Add eggs, one at a time, beating well after each addition. Beat in vanilla. Combine the flour, salt, cinnamon and nutmeg; gradually add to the creamed mixture and mix well. Transfer to a large bowl if necessary. Stir in walnuts, cherries and raisins.
Drop by tablespoonfuls 2 in. apart onto ungreased baking sheets. Bake at 350° for 16-18 minutes or until lightly browned. Remove to wire racks to cool. Store in an airtight container.
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