1 lg. can sliced peaches and juice
1 cube butter
1 pkg. yellow cake mix
1/2 c. chopped nuts

Empty sliced peaches into 9 x 13 x 2 inch cake pan. Cut through peaches to make pieces smaller. Cut off 2 tablespoons of butter and dot onto peaches. Sprinkle the dry cake mix onto peaches. Melt the rest of butter and pour around on top of cake mix. Sprinkle the nuts on top of cake and bake 1 hour at 350 degrees. Serve cold with Cool Whip or whipped cream. Serve hot with ice cream.