Combine milk and butter in a saucepan; heat until butter melts, stirring occasionally. Cool to 120 to 13
Add liquid mixture to flour mixture, beating well at low speed of an electric mixer.
Add molasses and eggs; beat 2 minutes at medium speed. Gradually add wheat germ, wheat bran, and enough of the 3 1/4 cups bread flour to make a soft dough.
Sprinkle 1 tablespoon bread flour over work surface. Turn dough out onto surface; knead until smooth and elastic (about 8 to 10 minutes).
Place dough in a large well-greased bowl, turning to grease top. Cover and let rise in a warm place (85), free from drafts, 45 minutes or until doubled in bulk.
Punch dough down; divide in half.
Sprinkle 1 1/2 teaspoons bread flour over work surface. Turn 1 portion of dough out onto surface; roll into a 14- x 7-inch rectangle.
Roll up, starting at short side, pressing firmly to eliminate air pockets; pinch ends to seal.
Place, seam side down, in a greased 8 1/2- x 4 1/2- x 3-inch loafpan.
Brush with 1 teaspoon oil. Repeat procedure with remaining bread flour, dough, and oil.
Cover and let rise in a warm place, free from drafts, 25 minutes or until doubled in bulk.
Bake at 375 for 35 minutes or until loaves sound hollow when tapped. (Cover with aluminum foil the last 15 minutes of baking to prevent over-browning, if necessary.)