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The Collaborative International Dictionary
Sideroscope

Sideroscope \Sid"er*o*scope\, n. [Gr. ??? iron + -scope.] An instrument for detecting small quantities of iron in any substance by means of a very delicate combination of magnetic needles.

Wiktionary
sideroscope

n. An instrument for detecting small quantities of iron in any substance by means of a delicate assembly of magnetic needles.