Here's the recipe I always use for a moist golden cake. Because of the oil, it has a coarser crumb, but it's a delicious cake, moist, keeps well. It's been a family favorite going back to my childhood. (You should see the original mag. page that my mom cut out over 50 years ago--I finally laminated it, so it wouldn't tatter away into dust).
Light Golden Cake
2 1/4 c. sifted flour
1 1/2 c. granulated sugar
3 teaspoons baking powder
1 teaspoon salt
1/2 cup vegetable oil (I use safflower, mom used whatever was cheap)
1 cup milk
1 1/2 teaspoon vanilla
2 eggs
Preheat oven to 350 degrees. Grease and line with waxed paper 2 - 9" layer pans (I spray with Pam and flour, and skip the waxed paper). In mixer bowl, wisk the flour, sugar, baking powder and salt to blend. Add the oil, milk and vanilla and beat 2 minutes. Add the eggs and beat 2 minutes more. Pour batter into pans. (Batter will be very thin, and won't look like enough.) Bake 25-30 minutes or until cake tests done with a toothpick. Cool in pans on wire racks for 10 minutes. Remove from pans and continue to cool completely.