1 c. butter, softened
3 c. sugar
6 eggs
3 3/4 c. sifted all-purpose flour
1/2 tsp. baking powder
1 c. milk
1 tsp. almond extract
1 (16 oz.) pkg. fresh frozen peaches, thawed and diced
Cream Cheese Frosting

Cream butter and sugar until light and fluffy. Add eggs, one at a time, beating well after each addition. Sift together flour and baking powder. Add to creamed mixture alternately with milk, beginning and ending with flour mixture. Add almond extract. Stir in peaches; mix well. Pour into greased and floured 10 inch tube pan. Preheat gas oven to 350 degrees. Bake 1 hour 30 minutes before removing from pan. Frost with Cream Cheese Frosting.

CREAM CHEESE FROSTING:

1 (8 oz.) pkg. cream cheese, softened
1/4 c. butter, softened
1 tbsp. milk
1/2 tsp. almond extract
1 (16 oz.) box confectioners' sugar, sifted

Cream together cream cheese and butter. Add milk and almond extract. Gradually add confectioners' sugar, beating until smooth.