Steps:
- Cream butter and sugar. Add eggs, one at a time, beating well after each addition. Beat in water, vanilla, and almond extract. Stir in peaches. Combine flour, baking soda, salt, and baking powder; gradually add to the creamed mixture. Topping: Combine pecans, brown sugar, and half tablespoon of butter. Reserve for the next step. Pour batter into a greased 9-inch by 5-inch by 3-inch loaf pan. Sprinkle topping over batter, and press lightly into batter. Bake at 350 for 50 to 55 minutes, until toothpick inserted near the center comes out clean. OR Pour batter into three greased small loaf pans. Sprinkle topping over batter, and press lightly into batter. Bake at 350 for 45 minutes, or until toothpick inserted near the center comes out clean. Cool for 10 minutes before removing from pan to a wire rack.
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