1 c. light brown sugar
1/2 c. granulated sugar
1 c. butter at room temperature
4 eggs
1 1/2 tsp. vanilla
1 3/4 c. peach preserves
2 1/2 c. flour, sifted
1/2 tsp. baking soda
1 tsp. baking powder
1/4 tsp. salt
1 1/2 tsp. cinnamon
2 c. chopped nuts

Cream together sugar and butter; add eggs, vanilla and preserves and set aside. Sift together flour, baking powder and salt and cinnamon. Set aside 1/2 cup flour mixture and stir remaining flour mixture with creamed mixture. Add nuts into the reserved flour and stir into mixture. Pour into 2 greased 8"x4" loaf pans. Bake at 350 degrees for 1 hour.