Preheat the oven to 350 degrees Fahrenheit and spray a 9X5 loaf pan with a non-stick cooking spray.
Drain the cherry juice fro the har of maraschino cherries and set aside. Roughly chop the cherries. Place the cherries in a bowl and toss them with approximately 2 tablespoons of flour to keep them from sinking in the bread.
In a mixing bowl, stir together the flour, baking powder and salt. Set aside.
In a separate bowl, with an electric mixer mix together the sugar, milk, vegetable oil, eggs and almond extract.
Slowly add in the dry ingredients and mix on low speed with the electric mixer until just combined.
Gently stir in the chopped cherries.
Pour the batter into the prepared pan. Bake for 50-55 minutes until a toothpick inserted into the center of the bread comes out clean. Watch the bread toward the end of the cook time and loosely cover the bread with foil if the top of the bread gets too brown.
Remove the bread from the oven. Let the bread cool in the pan for 10-15 minutes. Then carefully remove it from the pan and place it on a wire rack to cool completely.
Stir together the glaze ingredients. Slowly add the milk to the mix 1 tablespoon at a time until the glaze is the consistency that you prefer.
Once the bread has cooled completely, pour the glaze on top of the bread.
Let the glaze set completely, the bread is ready to slice, serve and enjoy!
Notes
Store the leftover bread in an airtight container for up to 5 days.