Drain peaches and reserve 1 1/4 cup liquid. Dice peahes and set aside. Sift the dry ingredients. Cream the butter, sugar and eggs. Add the sifted dry ingredients alternately with the reserved peach liquid. Stir until batter is well blended. Stir nuts and peaches into batter. Turn into 2 well greased glass loaf pans. Bake at 350F for about 1 hour or until loaves test done.

Can be used for jar cakes with good results.

From the kitchen of Joan Mershon Posted on Fido Cooking 1-6-94