Heat oil or shortening to 375F in a very deep, heavy pan with at least 3-inch-deep sides.

In a large bowl, beat together the milk and eggs. Combine the flour, baking powder, sugar, cinnamon and salt. Stir into the egg mixture until smooth.

While covering the funnel hole with 1 hand, pour in 1 cup of batter. Star from the center of the frying oil and, in a swirling motion, pour batter in concentric and overlapping circles to make a 6- or 7- inch round.

Fry on both sides until golden brown. Remove and drain on paper towels Sprinkle with powdered sugar and serve warm.