1Preheat oven to 350 degrees. Melt butter in 9x13-inch casserole dish.
2Separate half cup sugar, all of cinnamon and nutmeg. Separate peaches from syrup.
3Mix one cup sugar and the other dry ingredients together in a bowl. Stir in milk and syrup from peaches.
4Put peaches in casserole with melted butter. Pour batter over the top of peaches. Mix cinnamon, nutmeg, and 1/2 cup sugar mixture and sprinkle over top of batter. Bake for 45 minutes to 1 hour until top crust is golden brown.