1/2 c. butter
1 c. flour (self-rising)
1 1/2 c. sugar
3/4 c. milk
4-5 lg. peaches or 1 can peaches
1/2 c. water

Melt butter in baking dish. Mix flour, 1 cup sugar and milk; pour into baking dish with butter. Arrange peaches over batter. Sprinkle remaining 1/2 cup sugar over peaches. Bake at 350 degrees for 50 minutes.