Place peaches and 1/2 cup sugar in saucepan and cook over low heat, uncovered, until peaches soften but do not become mushy, about 15 minutes. Spray 13- by 9-inch baking pan lightly with nonstick cooking spray. Place butter in baking pan and set in 350 degree oven until melted. Mix flour, remaining 1 cup sugar and milk with rotary beater until smooth. Pour flour mixture evenly over melted butter. Do not stir. Pour cooked peaches onto top of batter. Do not mix. Bake at 350 degrees until golden brown and bubbly on top, 45 to 60 minutes. Yields 8 servings. Each serving: 337 calories; 323 mg sodium; 33 mg cholesterol; 12 grams fat; 56 grams carbohydrates; 3 grams protein; 0.42 gram fiber. Recipe Source: Los Angeles Times - 10-21-1998 Formatted for Mastercook by Lynn Thomas - dcqp82a@prodigy.com