A new method is presented to measure damping capacity and also stiffness of a machine-tool guide way associated with the vibration in the direction of the guide. The method utilizes a spring element in the driving system as a force detecting member so that the dynamic characteristics of the other driving elements and the prime-mover do not affect the measure-ment. The usefulness of the method is examined theoretically and experimentally. A series of dynamic characteristics measurement were taken for each of the combination of mild steel, fluoric resin-cast iron slide ways and also the hydrostatic guide way. The result shows that the stiffness added to the system by the existence of the guide ways are nearly constant for the range of feedrate from 0 to 4000 mm/min. The damping capacity of hydrostatic guide way indicates constant and relatively low value for the above mentioned range of feedrate. In the case of sliding guide ways, on the other hand, the damping capacity is found to be relatively high and also dependent on the oscillating velocity of the table and the feedrate of the drive. The variation of the damping coefficient of these guide ways are hardly estimated from the variation of the steady state frictional force versus sliding velocity.