The authors, taking samples of two kinds of carbon steel containing 1% carbon obtained from “Mass” magnetic sand and iron scrap only, examined the physical properties due to heat treatment as time piece spring. The proportional limit, elastic limit and yielding point for equal tensile strenrth of those steels which are quenchel in water or oil and temoered are higher than those which are austemperel. The impact value of steel obtained from Miss'' m_??_gnetic s_??_nd is higher than that of the steel made by iron scrap only. Furthermora, the author, c_??_rried out a series of exper ments with thin plates of 0.4mm by cold rolling and studied the physical properties brought about by different, heat treatments, and also tested their work hardening owing to cold rolling and then softening by an nealing. The steel being subjected to cold rolling after heat treatment increases its' hardness and tensile strength, but the toughness is greatly decreased.