Peach Flip - cooking recipe

Ingredients

2 pkg. yeast in 1/2 c. warm water
1/2 c. sugar
1/2 c. melted butter or oleo
1/2 c. scalded milk
2 tsp. salt
3 beaten eggs
5 to 5 1/2 c. flour
2/3 c. sugar
2 tsp. cinnamon
4 oz. nuts
2 Tbsp. butter
1/4 c. peach preserves

Preparation

Any kind of preserves can be used.