1. Combine cream cheese and butter, creaming well. Gradually add sugar, beating until light and fluffy. Add eggs, one at a time, beating mixture well after each addition.
2. Combine flour, baking powder and salt; add to creamed mixture alternately with milk, beginning and ending with flour mixture. Mix well after each addition. Stir in pecans.
3. Pour batter into 2 greased and floured 8-1/2 x 4-1/2 x 3-inch loaf pans. Bake at 350 degrees F. for 45 minutes or until a wooden pick inserted in center comes out clean
4. Combine lemon rind, lemon juice, and powdered sugar, mixing until smooth; pour over hot loaves. Cool in pans 10 minutes; remove to wire rack, and cool completely.