Melt butter or margarine in skillet. Add peaches, sugar and spices - to taste. Cook over medium heat until liquid is reduced and mixture is thickened. Stir often to prevent sticking and burning. Some browning of fruit is desired.
also good for breakfast with hot buttered biscuits. Fresh peaches can be substituted and are actually better than canned peaches. Use approx. 2 to 3 cups of peeled, sliced peaches if using fresh fruit.
I sometimes use 1/4 c. White sugar and 1/4 c. Brown sugar.