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Heat oven to 375 degrees. Stir together Bisquick, milk and nutmeg in ungreased square baking dish, 8x8x2 inches. Stir in butter until blended. Stir together sugar and peaches; spoon over batter. Bake 50 to 60 minutes or until golden. *2 cups fresh or frozen (thawed and drained) peaches can be used instead. Double Recipe: Make as directed--except double all ingredients and use rectangular baking dish, 13x9x2 inches. High Altitude (3500-6500 ft): Heat oven to 400?. Use 1/3 cup butter and 1/2 cup sugar (2/3 cup butter and 1 cup sugar for double recipe). Bake 45-50 min.
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