Heat oven to 350F. Grease and flour 2 loaf pans, 9x5x3". Prepare Betty Crocker German chocolate cake mix as directed on package except - use 2 tbsp. less water. Pour batter into pans.
Bake 30 to 35 minutes or until wooden pick inserted in center comes out clean. Cool. Sprinkle loaves with confectioners' sugar. Serve slices of cake with sweetened whipped cream and fresh peach slices.