  We describe here results of a photometric time-sequence survey of the
globular cluster M3 (NGC 5272), in a search for contact and detached eclipsing
binary stars. We have discovered only one likely eclipsing binary and one SX
Phe type star in spite of monitoring 4077 stars with $V<20.0$ and observing 25
blue stragglers. The newly identified SX Phe star, V237, shows a light curve
with a variable amplitude. Variable V238 shows variability either with a period
of 0.49 d or with a period of 0.25 d. On the cluster colour-magnitude diagram,
the variable occupies a position a few hundredths of magnitude to the blue of
the base of the red giant branch. V238 is a likely descendent of a binary blue
straggler. As a side result we obtained high quality data for 42 of the
previously known RR Lyrae variables, including 33 of Bailey type ab, 7 type c
and 2 double-mode pulsators. We used equations that relate the physical
properties of RRc stars to their pulsation periods and Fourier parameters to
derive masses, luminosities, temperatures and helium parameters for five of the
RRc stars. One of the RRd stars (V79) has switched modes. In previous studies,
it was classified as RRab, but our observations show that it is an RRd star
with the first overtone mode dominating. This indicates blueward evolution on
the horizontal branch.
