Grind the rinds of 3 oranges medium fine (use blender).
Measure l cup into saucepan. Stir in the water and sugar. Cover and cook on low heat 10-15 minutes until most of the water is absorbed and it is syrupy but not dry. Set aside to cool.
Sift flour, sugar, baking powder ans salt into mixing bowl.
Add milk, butter and egg- mix until smooth.
Stir in orange rind and pecans.
Pour batter into 2 greased 9x5-inch loaf pans.
Sprinkle tops with mixture of 1/2 teaspoon cinnamon and 2 Tablespoons sugar. Bake at 350^ about 60-65 minutes or until tested done with toothpick. Remove from pans after 5 minutes. Cool on wire rack.