2 (16 oz.) cans yellow sliced peaches, drained
1/8 tsp. nutmeg
1 1/2 c. flour
1/4 c. sugar
2 tsp. baking powder
1/2 tsp. salt
1/2 c. butter, softened
1 egg
1/2 c. milk

Grease a 13"x9" pan; place peaches in bottom of pan and sprinkle with nutmeg. Sift together flour, sugar, baking powder and salt; set aside. Combine butter, egg and milk; stir in sifted dry ingredients; mix well. Spoon batter evenly over peaches, bake at 400 degrees for 30 minutes. Serve warm or cold with ice cream or whipped cream.